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8/15, 9:09 PM (Source: TeleTrader)
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Trump forced Mnuchin to label China currency manipulator - report

United States President Donald Trump personally influenced Treasury Secretary Steve Mnuchin's decision to label China a currency manipulator, the Washington Post said in a report published on Thursday.

According to sources familiar with the matter, Mnuchin was initially against the move and already avoided the designation earlier.

On August 5, the US Department of the Treasury labeled China as a currency manipulator. China strongly opposes the designation and stated it was "groundless."

Breaking the News / VP