US Treasury Avoids Labeling China a Currency Manipulator While Criticizing Transparency

US Treasury Avoids Labeling China a Currency Manipulator While Criticizing Transparency
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TL;DR

The US Treasury's semi-annual report found no major trading partners manipulating their currencies to gain unfair trade advantages in the past year, though countries like China, Ireland, and Switzerland are closely monitored for their currency practices, with China remaining under scrutiny for transparency issues despite not being labeled a manipulator.

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