The Trump administration finalizes rule that could shift tariff fights to $6 trillion currency market
The Trump administration has finalized a controversial rule that would allow the US to hit alleged currency manipulators with tariffs.The rule targets products found to unfairly benefit from devaluation, according to a Federal Register document published Tuesday, and will take effect April 6.
Past administrations have avoided such a policy for fear that it could lead to damaging currency wars and that the determination process was flawed. Visit Business Insider's homepage for more stories.
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