If President Donald Trump wants to follow through on his repeated threats to label China a currency manipulator, all he has to do is turn back the clock.
The Treasury Department hasn’t accused China of artificially suppressing the value of the yuan because it relies on a 2015 law that sets strict standards for the designation. But a 1988 law -- still in effect -- sets a looser standard. Treasury Secretary Steven Mnuchin simply has to use it, said several former department officials.