In its latest report, the United States confirmed that none of its major trading partners are manipulating their currencies to gain a trade advantage—a statement that brought a sigh of relief to financial markets. However, Washington still issued warnings to several economies over persistent imbalances. Observers note that this is not merely a technical move, but a firm message: the U.S. is watching closely and remains ready to take action if necessary.

However, Washington has expanded the list of partners who need to monitor currency after adding Ireland and Switzerland.

Currently not “labeling” China is the currency manipulation, although its currency is suffering from “devaluation pressure”, but the US Finance still issues a warning that China “emerged between our major trading partners about the lack of transparency around its policies and exchange rate activities”.

Bên ngoài tòa nhà Bộ tài chính Mỹ tại Washington, D.C. Ảnh: AFP

“This lack of transparency will not be able to hinder the Ministry of Finance of the Chinese face points if there is evidence that it is intervention of monetary intervention through official or unofficial channels to combat the price increase (of the yuan) in the future,” the US Finance said.

The Ministry of Finance also said that some markets such as China, Japan, South Korea, Taiwan, Singapore, Germany, Ireland, Switzerland … are on the list that needs to monitor foreign exchange more closely.

Countries meet two criteria – trade surplus with the United States at least US $ 15 billion, a global current account surplus over 3% of GDP and buying foreign exchange continuously – will automatically be included in the US monetary monitoring list. Ireland and Switzerland have just been added to this list due to a large -current trade surplus and account with the United States.

BankThe Swiss Central Government (SNB) on June 6 denied the monetary manipulation, and affirmed that he would continue to act for the benefit of Switzerland because the Swiss Francs strongly helped pushing inflation to the negative level last month.

“SNB does not participate in any manipulation activities for Swiss Francs,” the bank said. “SNB does not seek to prevent the adjustment of trade balance or gain unfair competition for the backgroundeconomySwitzerland “.

President Trump, during his first term, determined that China was a currency manipulation country in August 2019, a move made in the context of escalating US-China trade tensions. Beijing was later removed from the monetary manipulation list in January 2020 when Chinese officials came to Washington to sign a trade agreement with the United States.

In 2024, it was generally highlighted the price of the US dollar on a large scale when the green silver coat increased by 7% compared to the monetary basket of major trading partners. This development makes it difficult for the Ministry of Finance to find evidence of the consistent one -way actions of countries to weaken their currencies to have a competitive advantage, because most currencies are in general.

However, that fact may change this year because the US dollar has decreased by about 9% since Mr. Trump returned to the White House on January 20 and launched a trade war that made homeowners.investGlobal must reconsider their commitments to the US market.

In the current context, countries may intervene to try to prevent or reverse the situation of their currency continued to increase prices and the Ministry of Finance officials said they would closely monitor such acts.

Related Posts

🚨 EXCLUSIVE: Should Sharia Law Be BANNED Nationwide in the U.S.? Shocking Poll Results Will Leave You Speechless!

In a nation built on freedom, diversity, and the rule of law, a fiery debate is igniting across the United States: Should Sharia law be federally banned in all 50…

Read more

Heartbreaking news shakes the wrestling world as Roman Reigns and The Bloodline mourn the tragic passing of Joelle, his beloved daughter, after a courageous battle with cancer. Fans worldwide send love and prayers to the family during this devastating time, honoring her memory with strength, unity, and eternal respect.

JOELLE’S FUNERAL NEWS! ROMAN REIGNS & THE BLOODLINE MOURNS AS HIS DAUGHTER PASSES AWAY FROM CANCER The wrestling world has been left in shock and deep sorrow following the devastating…

Read more

🔥 Shocking WWE Raw moment! Zilla Fatu makes a stunning move, stepping in to help Roman Reigns against Seth Rollins’ “The Vision”! 😱 The arena erupts as alliances shift and the Bloodline’s power grows stronger than ever. What does this mean for Rollins’ future? ⚡👊

Zilla Fatu HELPS Roman Reigns Against Seth Rollins’ THE VISION at WWE Raw! A captivating new chapter in WWE Monday Night Raw unfolded this week, as rising star Zilla Fatu…

Read more

🚨BREAKING NEWS! Bron Breakker SHOCKINGLY fired by Triple H after his vicious assault on Adam Pearce! The WWE Universe is in disbelief 😱🔥. This explosive decision shakes the locker room as Breakker’s future now hangs in the balance. What’s next for the powerhouse? 👊⚡

BREAKING NEWS! BRON BREAKKER FIRED BY TRIPLE H AFTER HIS BRUTAL ATTACK ON ADAM PEARCE In a startling turn of events that has sent shockwaves through the wrestling world, Bron…

Read more

« Denuncerò i suoi giochetti! » Quartararo lancia un messaggio forte contro Marc Márquez e Ducati alla vigilia del GP d’Ungheria 👇👇. Parole infuocate del francese che promette battaglia in pista, accendendo la tensione nel paddock prima della gara decisiva! 🏍️🔥

« JE VAIS DÉNONCER SES TRUCS » Quartararo fait une déclaration forte visant directement Marc Marquez et Ducati avant le GP de Hongrie 👇👇 Dans un prélude audacieux et électrisant…

Read more

💥 Dramma esplosivo in F1! Valentino Rossi accusa: “Sono dei truffatori!”. Rivela che Sheikh Jassim e il presidente FIM avrebbero segretamente finanziato Marc Márquez per far vincere il GP d’Ungheria alla Ducati 😱. Il paddock è nel caos totale, il mondo F1 resta scioccato! 🏎️🔥

Sono imbroglioni ”Valentino Rossi rivela il denaro segreto Sheikh Jassim e il presidente di FIM investito in Marc Marquez per aiutare il pilota di Ducati a vincere il GP ungherese…

Read more

Leave a Reply

Your email address will not be published. Required fields are marked *