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on February 14, 2017. REUTERS/Kevin Lamarque/File Photo More (Steven Mnuchin.Thomson Reuters) In an interview with the Financial Times , US Secretary Treasury Steven Mnuchin defended President Donald Trump’s decision not to label China a currency manipulator. Mnuchinsaid Trump’s comments during the campaign “reflected previous periods of time,” andexplained the shiftby pointing to “the combination of the facts and the combination of what the president said and how China is working with us,” according to the FT. During his campaign, Trump pledgedto labelChina a currency manipulator on his first day in office. He ultimately did not do that, andthe Treasury Department did not label the country as a currency manipulator in their semi-annual report on the currency practices of the major trading partners of the US, which was published on Friday. There are three criteria that must be met for a country to be labeled a currency manipulator by the Treasury Department : The country must have a significant bilateral trade surplus with the US. The country has a “material” currency account surplus. The countryis engaged in persistent one-sided intervention in the foreign exchange market. In the report, the Treasury includeda “Monitoring List” of trade partnersthat “merit attention based on an analysis of the three criteria.” China, Japan, Korea, Taiwan, Germany, and Switzerland were on the April list, as well as in the last report published in October. “Treasury will be scrutinizing Chinas trade and currency practices very closely, especially in light of the extremely sizable bilateral trade surplus that China has with the United States,” the department wrote in the report. “China will need to demonstrate that its lack of intervention to resist appreciation over the last three years represents a durable policy shift by letting the RMB rise with market forces once appreciation pressures resume.” “Treasury places significant importance on China adhering to its G-20 commitments to refrain from engaging in competitive devaluation and not to target Chinas exchange rate for competitive purposes,” it added.
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One of the injured crew members was in serious condition and the other in critical condition, the statement said. “We are deeply saddened by this loss within our community,” Maj. Gen. Bradley A. Becker, commanding general for Joint Force Headquarters National Capital Region and the U.S. Army Military District of Washington, said in the statement. “Our condolences go out to the families and friends affected by this tragedy, and our team is focused on supporting them during this difficult time.” The cause of the crash was under investigation. interview skills course contentEarlier Monday, a U.S. military official told NBC News the helicopter had “suffered a hard landing” near Leonardtown, and that at least one was medically evacuated to a local hospital. The St.
For the original version including any supplementary images or video, visit http://www.msn.com/en-us/news/us/military-helicopter-crashes-on-maryland-golf-course/ar-BBzWGKo
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