US holds off on labeling China a currency manipulator; warns...

Dununu.com Dununu

Gesponsert

US holds off on labeling China a currency manipulator; warns Beijing on currency practices; keeps future action open

RSS Feed Business

Posted

40

The US Treasury Department refrained from labeling China a currency manipulator but criticized its lack of transparency in exchange rate policies. Treasury Secretary Scott Bessent warned against unbalanced trade relationships and unfair currency practices. Amid easing tensions, tariff reductions were implemented, and trade negotiations are set to resume following a positive call between Trump and Xi Jinping.

Read Full Article

Please log in to like, share and comment!

Muhammad Waseem named ICC Men’s Player of the Month

Muhammad Waseem, the UAE captain, has secured the ICC Men’s Player of the Month award for...

Von 0 2

Need to modernize postal service: Communication Minister

MORANG: Minister for Communications and Information Technology, Prithvi Subba Gurung, has pointed...

Von 0 5

Procurement boost: Centre doubles cap for direct scientific purchases; researchers get more autonomy

The Centre has increased financial thresholds for scientific equipment procurement by research...

Von 0 7

Once a rebel, always a rebel? Congress's Tharoor dilemma - from Kharge challenger to PM Modi's 'global envoy'

Von 0 7

Are you eligible for smart gates at Dubai airport? Find out how to check and use them!

Smart Gates at Dubai’s DXB and DWC airports use facial recognition and biometric tech to...

Von 0 12