The US Treasury Department released its latest semi-annual currency report, stating that no major trading partners manipulated their currency to gain an unfair trade advantage in 2025.
Monitoring List
However, 10 leading trading partners remain on a list for enhanced monitoring of their foreign exchange practices, including China, Japan, Korea, Taiwan, Thailand, Singapore, Vietnam, Germany, Ireland, and Switzerland.
These countries are placed on the monitoring list if they meet two of three criteria set out in the Trade Facilitation and Trade Enforcement Act of 2015: a significant bilateral trade surplus with the US, a material current account surplus, and persistent, one-sided intervention in the foreign exchange market.
Original reporting: Appleton, WI News Feed (HLL/CB) — read the source article.