Trump administration spares China 'currency manipulator' tag
WASHINGTON (AP) — The Trump administration is again declining to name China as a currency manipulator, but it did target that country and five others for special monitoring of practices that the administration says are making America's trade deficit worse.
In a report the administration must issue every six months, it said Friday that no country met the criteria to be branded as a currency manipulator. But six nations — China, Japan, South Korea, India, Germany and Switzerland — were placed on a watch list subjecting them to added U.S. pressure to lower trade surpluses.
India is new to the list. The five other nations had been cited in October.