The U.S. Treasury Department says.... NONE of its major trading partners meet its criteria to be designated as currency manipulators,... but that Washington included South Korea among the nations on its watch list.
The main focus for the Treasury Department has been China,... which U.S. President Donald Trump has criticized for weakening the yuan,... helping Chinese exporters and lessening the impact of tariffs.
U.S. officials have raised concerns over the recent depreciation of China's currency,... amid the escalating trade tensions between the two economic superpowers.
Joining South Korea on the watch list are Germany, Japan, Switzerland and India.