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Mnuchin says Trump gave 'warning shot' to Russia, China on currency - CNBC

Reuters  |  WASHINGTON 

WASHINGTON (Reuters) - U.S. President Donald Trump's Twitter post on currencies in China and Russia was a warning to those countries against devaluing their currencies, Treasury Secretary Steve Mnuchin said on Tuesday in an interview with CNBC.Trump accused Russia and China on Monday of devaluing their currencies while the United States raises interest rates, prompting China to accuse the United States of sending confusing messages."It was a warning shot at China and Russia about devaluation. China has devalued their currency in the past," Mnuchin said. "He's watching it."He said the Twitter ...

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First Published: Tue, April 17 2018. 17:55 IST