U.S. President Donald Trump said he will not brand China a currency manipulator, abandoning a core promise of his election platform. In an interview for the Wall Street Journal, Trump said China hasn’t manipulated its currency for months, and added that the U.S. dollar is getting too strong. Treasury Secretary Steven Mnuchin has said the official assessment will come in a semi-annual foreign-currency report due this month. Failure to officially name China a currency manipulator would be the latest indication Trump may tone down trade-related campaign threats, often directly aimed at China. U.S. 10-year bond yields slumped and the dollar fell after the Trump interview was published. The dollar index, which tracks the U.S. currency against six major rivals, fell to its lowest since March 30 after the news.