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Treasury Secretary Steven Mnuchin warns China against the recent weakness of its currency, giving it an unfair advantage.
SAO PAULO, Brazil (Reuters) –
US Treasury Secretary Steven Mnuchin on Friday warned China over the recent weakness of the yuan, telling Reuters that the agency was watching Lee closely. fall of the Chinese yuan dampens the impact of the trade war
In an interview in the Brazilian city of Sao Paulo, Mnuchin argued that the weakness of the yuan would be revised. as part of the semi-annual treasury report on currency manipulation, which will be released Oct. 15, based on the activity of the first six months of 2018.
"There is no doubt that there is no doubt that "weakening the currency has created an unfair advantage We will check carefully if they manipulated the currency," he said about China.
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