No US major trading partners met all the criteria from the 2015 Act. On November 8, 2023, the US Treasury released its report titled "Macroeconomic and Foreign Exchange Policies of Major Trading Partners of the United States" (the Report). This report reviews the four quarters leading up to June 2023 (the review period). In this report, the US Treasury found that no major trading partner met all three criteria under the Trade Facilitation and Trade Enforcement Act of 2015 (the 2015 Act) as most FX interventions by US trading partners were in the form of selling off dollars to defend their currencies. 

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