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April 16, 2021
By Reuters Staff (Repeats to additional clients with no change to text) April 15 (Reuters) - Treasury Secretary Janet Yellen’s first foreign exchange report due this week could see several U.S. trading partners labeled as currency manipulators. The designation is based on three broad criteria here A $20 billion-plus trade surplus with the United States, a current account surplus exceeding 2% of GDP and currency intervention exceeding 2% of gross domestic product. The criteria led the Trump ad...
April 15, 2021
By Reuters Staff 4 Min Read April 15 (Reuters) - Treasury Secretary Janet Yellen’s first foreign exchange report due this week could see several U.S. trading partners labeled as currency manipulators. The designation is based on three broad criteria here A $20 billion-plus trade surplus with the United States, a current account surplus exceeding 2% of GDP and currency intervention exceeding 2% of gross domestic product. The criteria led the Trump administration to label Switzerland and Vietna...