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Trump administration says no U.S. trading partners manipulate currency

Reuters  |  WASHINGTON 

By David LawderWASHINGTON (Reuters) - U.S. President Donald Trump's administration declined to name any major trading partner as a currency manipulator in a highly anticipated report on Friday, backing away from a key Trump campaign promise to slap such a label on China.The semi-annual U.S. Treasury currency report did, however, keep China on a currency "monitoring list" despite a lower global current account surplus, citing China's unusually large, bilateral trade surplus with the United States.Five other trading partners who were on last October's monitoring list - Japan, South Korea, ...

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First Published: Sat, April 15 2017. 09:18 IST