Treasury Releases Report on Macroeconomic and Foreign Exchange Policies of Major Trading Partners of the United States

WASHINGTON – The U.S. Department of the Treasury delivered its semiannual Report to Congress on Macroeconomic and Foreign Exchange Policies of Major Trading Partners of the United States. In this Report, Treasury reviewed and assessed the policies of major U.S. trading partners, comprising about 78 percent of U.S. foreign trade in goods and services, during the four quarters through June 2025.Secretary of the Treasury Scott Bessent remarked: “President Trump is committed to pursuing economic and trade policies that will spur an American revitalization marked by strong economic growth, the elimination of destructive trade deficits, and countering unfair trade practices. Treasury is closely monitoring whether our trading partners are acting through foreign exchange intervention and non-market policies and practices to manipulate their currencies for unfair competitive advantage in trade.