User login

Treasury finds no currency manipulators, adds criteria based on deficits

April 20, 2017 at 4:31 PM
The Treasury Department has not found that any country meets its criteria for currency manipulation in a much-anticipated report that for the first time says any country that accounts for "a large and disproportionate share" of the U.S. trade deficit will be more closely monitored. The semi-annual currency report to Congress -- released April 14 and long awaited for a verdict on China that was rendered earlier last week by President Trump -- listed the same countries on its monitoring...

Not a subscriber? Sign up for 30 days free access to exclusive, behind-the-scenes reporting on trade policy in the Biden era.