WASHINGTON — The Treasury Department declined to name China a currency manipulator on Thursday in its biannual report on foreign exchange rates.
China said last month it would move toward a more flexible exchange rate for the yuan, following months of increasing tensions with the U.S. over its currency policies. The exchange rate report was originally due to be released in April, but the Treasury Department delayed it for three months to allow for diplomatic engagement between the two countries at the G-20 meeting in Toronto last month and the Strategic and Economic Dialog in May.
Issa Rae stopped by WWD's NYC headquarters to talk about season two of "Insecure," which premieres this Sunday on HBO. Click link in bio for all the details. #wwdeye (📷: @jgreenery; Styled by @mayteallende)
A Stella McCartney sketch of a custom dress made from protein-based silk in partnership with biotech lab Bolt Threads. The dress will be displayed at The Museum of Modern Art's upcoming design exhibition, "Items: Is Fashion Modern?"