U.S. Treasury Releases Report on Major Trade Partners' Economic Policies

According to Odaily, the U.S. Treasury Department has submitted its semi-annual report to Congress regarding the macroeconomic and foreign exchange policies of the United States' major trade partners. The report evaluates the policies of these partners over the four quarters ending in December 2024, which account for approximately 78% of U.S. foreign goods and services trade. The review concluded that none of the major trade partners manipulated their currency exchange rates with the U.S. dollar during this period. Currently, the Treasury's "monitoring list" of major trade partners includes nine economies, such as Japan, South Korea, Singapore, Vietnam, Germany, Ireland, and Switzerland.