US trade deficit halved in April due to Trump's tariffs, boosting GDP growth, but deficits with major partners remain.
US Treasury criticizes China's exchange rate practices but declines to label it a currency manipulator, signaling a cautious yet assertive stance on US-China economic relations.
US trade deficit halved in April due to Trump's tariffs, boosting GDP growth, but deficits with major partners remain.
US Treasury criticizes China's exchange rate practices but declines to label it a currency manipulator, signaling a cautious yet assertive stance on US-China economic relations.