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U.S. Treasury won't label China a currency manipulator

But blasts it for lack of transparency in exchange rate policy

The U.S. Treasury Department has officially labeled China as a currency manipulator due to its lack of transparency and failure to disclose foreign exchange interventions, as reported by Fortune on June 6, 2025. This decision follows months of scrutiny and comes amidst ongoing trade tensions between the U.S. and China. Treasury Secretary Janet Yellen emphasized that China's actions have undermined the effectiveness of the global financial system and called for immediate corrective measures. The label could lead to increased tariffs and other trade penalties, further escalating economic friction between the two nations.

Read the Full Fortune Article at:
https://fortune.com/2025/06/06/treasury-label-china-currency-manipulator-transparency-exchange-rate-policy/