“President Obama backed by the conclusions of a broad range of economists believes that China is manipulating its currency,” Mr. Geithner wrote. That stopped short of a charge that China is manipulating its currency intentionally to gain an unfair trade advantage, as the 1988 trade law requires

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Geithner Hints at Harder Line on China Trade (Published 2009)

    WASHINGTON � Timothy F. Geithner, who moved closer to confirmation as Treasury secretary on Thursday, told senators that President Obama believed China was “manipulating” its currency, suggesting a...

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