What it means if Trump names China a currency manipulator

FILE - In this Thursday, Nov. 24, 2016, file photo, residents walk past a board highlighting the security markers on the latest Yuan note outside a bank in Beijing, China. President-elect Donald Trump has vowed to label China a currency manipulator on his first day in the White House. He says Beijing keeps its currency low to unfairly benefit its exporters. But he’ll struggle to prove the case if it goes before the World Trade Organization: Economists say China isn’t meddling in markets to push the yuan lower; it’s doing the opposite, trying instead to keep it from falling faster. (AP Photo/Ng Han Guan, File)WASHINGTON (AP) — President-elect Donald Trump has vowed to name China a currency manipulator on his first day in the White House.

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