‘Currency Manipulator’ China Causes Markets to Plummet – Now What?
Carnage occurred in global markets after China’s latest shot in the trade war with America. The Dow plummeted 767 points Monday – the biggest drop of the year. Now President Trump is firing back. China is receiving much of the blame for the market drop after escalating the trade war with the United States. The US Treasury Department designated China a currency manipulator giving the administration more tools to fight China’s latest action.