Top US senate Democrat urges Trump to name China a currency manipulator

Top US senate Democrat urges Trump to name China a currency manipulator
U.S. Senate Minority Leader Sen. Charles Schumer (D-NY) approaches the podium for a news briefing after the Senate Democratic weekly luncheon January 10, 2017.
PHOTO: AFP

WASHINGTON - Senator Chuck Schumer, the top Democrat in the US Senate, urged Republican President Donald Trump on Tuesday to implement one of his campaign promises and declare China a currency manipulator.

"Mr. President: if you really want to put America first, label China a currency manipulator," Schumer told reporters.

Trump's Treasury secretary nominee Steven Mnuchin has told senators that he would work to combat currency manipulation but would not give a clear answer on whether he currently views China as manipulating its yuan, according to a Senate Finance Committee document seen by Reuters on Monday.

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