U.S. Spares China Currency Manipulator Label, Expands Watchlist
- Treasury expands currency watch list to nine, from six nations
- Ireland, Italy, Vietnam, Singapore, Malaysia added to list
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The Trump administration again refrained from labeling China a currency manipulator on Tuesday, a decision that leaves one of the president’s campaign promises unfulfilled but avoids further escalation in the trade war between the world’s two largest economies.