Trump’s Trade Adviser Navarro Warns Against Chinese Currency Manipulation

‘I don’t believe the Trump Treasury Department would welcome Chinese currency manipulation very fondly,’ said Peter Navarro.
Trump’s Trade Adviser Navarro Warns Against Chinese Currency Manipulation
President Donald Trump and White House trade adviser Peter Navarro check out the new Endurance all-electric pickup truck on the south lawn of the White House in Washington on Sept. 28, 2020. Tasos Katopodis/Getty Images
Catherine Yang
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Incoming Trump administration senior counselor for trade and manufacturing Peter Navarro told Reuters on Dec. 12 that the new Treasury Department would not take lightly Chinese attempts to manipulate its currency.

In 2019, the first Trump administration declared China a currency manipulator, the first such designation since 1994, but revoked the status a year later. Beijing has rejected the claim.