For inquiries related to this message please contact our support team and provide the reference ID below.
Mnuchin says hes watching Chinas currency moves as the trade war escalates
Bali, Indonesia (CNN Business)US Treasury Secretary Steven Mnuchin is keeping a close eye on Chinas currency as the trade war between the two countries escalates.
Washington and Beijing have both applied tariffs on some of each others imports in recent months. Adams said the issue will not be resolved any time soon. He explained that the U.S. wants concessions from Beijing that extend beyond trade and include ways to restructure the Chinese economy, a host of military considerations, as well as issues around North Korea and the Korean peninsula.