No major US trading partner manipulated its currency to gain an unfair trade advantage in 2025, the US Treasury Department said on Thursday, but 10 leading trading partners, including Thailand, remain on a list for enhanced monitoring of their foreign exchange practices.
In its latest semi-annual currency report, the Treasury said its analysis conducted in accordance with the Omnibus Trade and Competitiveness Act of 1988 found that no major trading partner manipulated its exchange rate, and a separate analysis found that none met all three criteria for enhanced analysis of currency practices during 2025.
