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

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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
countries.
(Reporting by David Lawder; Editing by Chris Reese)

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Source: einnews.com