Trump looks unlikely to formally declare China a currency manipulator next week just days after meeting Chinese President Xi Jinping, foreign exchange policy experts say, leaving a vocal Trump campaign pledge unmet, at least for now. According to Reuters, the US Treasury would have to radically change its definitions of currency manipulation in order to squeeze China into that label for its next report due April 14, said these experts, several of whom contributed to past Treasury analysis of foreign exchange practices. “It would be hard to come up with a credible standard that would catch China in the net,” said David Dollar, a former US Treasury economic liaison to China who is now a senior fellow at the Washington-based Brookings Institution. Trump pledged to label China a currency manipulator on the first day of his administration.
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