The U.S. Department of the Treasury de-lists China as a currency manipulator.
The United States Department of the Treasury formally labels Switzerland and Vietnam as currency manipulators, accusing them of intervening to limit the rise of their currencies against the U.S. dollar. Switzerland rejects the label.
The US Department of the Treasury imposes sanctions on all 14 Vice Chairpersons of the National People's Congress of China, for "undermining Hong Kong's autonomy and restricting the freedom of expression or assembly."
Kioxia, the Japanese computer memory manufacturer spun off from Toshiba, postpones its initial public offering on the Tokyo Stock Exchange, citing the volatility of the semiconductor industry caused by both the COVID-19 pandemic and the ongoing trade war between China and the United States. Its initial public offering, which would have launched on October 6, was projected to be Japan's largest for this year.
Invoking the International Emergency Economic Powers Act, U.S. President Donald Trump issues several executive orders barring firms and American citizens from trading and doing financial transactions with Chinese technology companies ByteDance and Tencent, effectively banning their respective apps TikTok and WeChat within the United States. The orders are set to go into effect in 45 days.
China lets its currency drop to its lowest reported level since 2008 and also asks its state-owned companies to halt imports of U.S. agricultural products. In response the U.S. Treasury Department designates China as a currency manipulator.