Trump Adviser Warns China on Currency Manipulations

A top trade adviser to President-elect Donald Trump has issued a stern warning to China against currency manipulation

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Peter Navarro, Trump's senior trade adviser, said the administration would not tolerate any attempts by China to weaken its yuan

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Navarro stated the Treasury Department’s biannual currency review would operate independently but hinted at strict scrutiny of China

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The Chinese Embassy in Washington denied any manipulation, reiterating its stance against competitive currency depreciation

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In 2019, the Trump administration labeled China a currency manipulator for the first time since 1994

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China might weaken the yuan in 2025 as it braces for Trump's tariff policie

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Navarro suggested Trump could impose even higher tariffs on Chinese imports if the yuan weakens further

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With potential economic tensions looming, U.S.-China trade relations could face further challenge

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