WASHINGTON — President-elect Donald Trump has vowed to name China a currency manipulator on his first day in the White House.
There’s only one problem – it’s not true anymore. China, the world’s second-biggest economy behind the United States, hasn’t been pushing down its currency to benefit Chinese exporters in years. And even if it were, the law targeting manipulators requires the U.S. spend a year negotiating a solution before it can retaliate.
