When is a currency manipulator not a currency manipulator? When it’s your friend. That’s the best conclusion to draw from the U.S. Treasury Department’s latest report on the macroeconomic and foreign-exchange policies of major trading partners, handed up to Congress Wednesday. Russia and China are playing the Currency Devaluation game as the U.S. keeps raising interest rates. Not acceptable! — Donald J. Trump (@realDonaldTrump) April 16, 2018 China, the regular target of President Donald Trump’s ire, received a section all to itself. Still, the facts don’t lie: Though the Treasury said it was “deeply concerned” by ... (full story)