Treasury Dept. Report on Macroeconomic and Foreign Exchange Policies of Major Trading Partners of the United States

China had been designated as a “currency manipulator” last August, but that label is being rescinded on the eve of the Phase One U.S.-Sino trade pact. In theory, retaliatory actions can be more speedily imposed by the President on so-called currency manipulators, but the switch in designation in reality will make little practical difference. In […]

* This article was originally published here