How the G20 can deal with Trump’s Chinese currency complaints in Baden-Baden

Trump still aims to designate China as a currency manipulator
Last week in an interview with Reuters, U.S. President Trump labelled the Chinese as “grand champions at manipulation of currency”, indicating he has not fully backtracked from his campaign promise to designate China as a ‘currency manipulator’ on ‘day one’ of his Presidency. The position of Washington on this topic has not exactly been crystal clear, however, with the new U.S. Secretary of the Treasury, Steve Mnuchin, announcing on the same day as Trump’s comment that the Treasury was in fact still going through the formal process of analysing Chinese currency practices, and that no judgements would be made prior to the completion of that process. …