US Declines to Label China a Currency Manipulator, but Blasts Its Transparency Policies
- The U.S. Treasury released its semi-annual report on June 6, 2025, accusing China of lacking transparency but not labeling it a currency manipulator.
- This report follows ongoing trade tensions and prior labeling of China as a manipulator in 2019, with both countries seeking to resolve disputes through talks.
- Treasury Secretary Scott Bessent stated the U.S. Will sanction unfair currency practices and has warned partners about unbalanced trade policies.
- The report noted China remains a transparency outlier, and a Treasury official said manipulation could be found in the fall, while Trump described a recent 90-minute call with Xi Jinping as "very positive."
- The U.S. Has chosen not to designate China as a currency manipulator at this time, aiming to preserve constructive dialogue as negotiations continue on tariffs and the supply of rare earth minerals amid ongoing market fluctuations.
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U.S. declines to label China a currency manipulator, but blasts its transparency policies | The Asahi Shimbun: Breaking News, Japan News and Analysis
WASHINGTON--The U.S. declined to label China a currency manipulator in a new Treasury report released Thursday but accuses Beijing of standing out among America’s major trading partners for lacking transparency in its exchange rate policies.
US declines to label China a currency manipulator, but blasts its policies
The US declined to label China a currency manipulator in a new Treasury report released Thursday, but accuses Beijing of standing out among America's major trading partners for lacking transparency in its exchange rate policies.
Treasury says it will expand currency analysis of partners, consider tariffs
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