Trade Talks Episode 95: Is China a Currency Manipulator?

Keynes and Bown discuss the Trump administration’s decision to name China a currency manipulator. They are joined by former IMF Chief Economist Maury Obstfeld (PIIE, University of California, Berkeley), Joseph Gagnon (PIIE), and Alice Fulwood (The Economist), who help explain what affects the value of the US dollar, the history of Chinese currency manipulation, the challenge of identifying a country as a currency manipulator, and the implications of the Trump administration’s actions today.