The U.S. Treasury Department on Friday said China is not a currency manipulator, making a trade war less likely. In a report sent to Congress, the department writes “that no major trading partner of the United States met the standards identified in Section 3004 of the Omnibus Trade and Competitiveness Act of 1988 for currency manipulation in the second half of 2016.” President Trump had repeatedly promised to label China a currency manipulator. Real estate […]