DW Business July 14, 2024
The u. S. Has labeled china a currency manipulator cranking up trade tensions between the worlds 2 biggest economies the decisions rattled investors on International Stock markets trumps decision follows the sharp weakening of chinas you one currency which breached the closely watched barrier of 7 against the dollar yesterday the u. S. Treasury said it labeled chinas current china a currency manipulator because it had devalued its currency quote to gain an unfair competitive advantage in the worst sell of of the year the dow jones lost close to 3 percent on monday shanghai composite shed 2. 4 ...