US Treasury semi-annual report: No country is listed as a currency manipulator

The US Treasury has submitted its semi-annual report to Congress on the macroeconomic and foreign exchange policies of America's major trading partners. In the report, the Treasury Department examines and assesses the policies of America's major trading partners, which account for about 78 percent of America's foreign trade in goods and services, for the four quarters ending December 2024. The review found that no major trading partner of the United States manipulated the exchange rate between its currency and the dollar for the four quarters ending December 2024. Currently, there are nine economies on the Treasury Department's "monitoring list" of major trading partners, which includes: Japan, South Korea, Singapore, Vietnam, Germany, Ireland, and Switzerland, among others.