Top US senate Democrat urges Trump to name China a currency manipulator
PUBLISHED ONJanuary 25, 2017 3:37 AM
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.