US Treasury Criticizes China's Currency Policies Without Labeling Manipulation
Originally Published 7 months ago — by Forex Factory
The US Treasury warns that it will scrutinize and potentially take action against trading partners engaging in unfair currency practices, such as excessive intervention in foreign exchange markets, which distort trade and harm US manufacturing and economic strength. While no major manipulation has been found in recent quarters, countries like China, Japan, and Germany are under close watch for opaque exchange rate policies.