U.S. Treasury

  • US Treasury moves to unseat China as a currency manipulator

    U.S. Treasury has determined that China should no longer be designated as a currency manipulator. The United States Treasury Department dropped Monday its designation of China as a currency manipulator, two days before the signing of a preliminary trade agreement to ease an 18-month tariff war. The currency report from the U.S. Treasury said the Chinese yuan, had depreciated as far as…

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