Economics

Mnuchin to Consider Lifting China Currency Manipulator Label

  • Change to be considered when trade deal’s first phase wraps up
  • Administration labeled China a currency manipulator in August
Steven Mnuchin on Oct. 11.Photographer: Andrew Harrer/Bloomberg
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Treasury Secretary Steven Mnuchin indicated on Friday that he’ll consider lifting a U.S. designation that China manipulates its currency once the first phase of a new U.S.-China trade deal is complete.