U.S. Treasury confirms China will not be named currency manipulator


WASHINGTON, April 12 A U.S. Treasury spokesman
confirmed on Wednesday that the department will not name China
as a currency manipulator in a report due at the end of this
week, after President Donald Trump said in a Wall Street Journal
interview that he would not do so.

The Treasury spokesman declined to provide any other details
about the semi-annual report on foreign exchange practices of
major trading partners, including the exact timing of the
release, or the Treasury’s views on the practices of other
(Reporting by David Lawder; Editing by Chris Reese)

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Source: einnews.com