The Trump administration again refrained from naming any major trading partners as currency manipulators on Friday, but the U.S. Treasury's semiannual currency report criticized China for the "non-market direction" of its economy and warned of global risks.
The report comes as the Trump administration pursues potential tariffs, negotiations and other restrictions to try and cut a massive trade deficit with China.
In the report, the U.S. Treasury said it has added India to a monitoring list for extra scrutiny, while keeping China, Japan, Germany, South Korea and Switzerland on the list started in 2016 by the Obama administration.