WASHINGTON/HONG KONG -- With the Trump administration designating China as a "currency manipulator" for the first time in a quarter century, tensions over trade and high tech between the U.S. and China have now extended to currencies.
Trade war
World braces for dangerous US-China currency standoff
Yuan hovers beyond former line of defense after 'manipulator' designation
U.S. President Donald Trump listens to a question from the news media as he sits behind the Resolute Desk in the Oval Office of the White House. Trade tensions with China have now spilled over into currencies. © Reuters
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