The greenback today ended at or near the strongest point since April 2017 against the pound and a two-month high compared to the euro, but it strengthened only 0.19% against the offshore yuan so far this year.
Trump expressed the intention to fight for the "developing nation" status of China and unspecified other countries within the World Trade Organization to be revoked through a change in its rules. His renewed offensive comes just days after high-level talks scheduled to take place in the second-largest economy's capital city following a collapse in May.
WTO's "outdated dichotomy" led to "unfair advantages" for some members, in his view. He threatened to disregard the system if there is no improvement in the process within three months.
Trump expressed the intention to fight for the "developing nation" status of China and unspecified other countries within the World Trade Organization to be revoked through a change in its rules. His renewed offensive comes just days after high-level talks scheduled to take place in the second-largest economy's capital city following a collapse in May.
WTO's "outdated dichotomy" led to "unfair advantages" for some members, in his view. He threatened to disregard the system if there is no improvement in the process within three months.
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