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U S Treasury says no major trading partner manipulates currency
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Xinhua world economic news summary at 0930 GMT, April 17
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2021-04-17 04:06:07 GMT2021-04-17 12:06:07(Beijing Time) Xinhua English
WASHINGTON, April 16 (Xinhua) The U.S. Treasury Department on Friday said that no major trading partner of the United States meets the criteria as a currency manipulator, but Vietnam, Switzerland and China s Taiwan will be under enhanced monitoring for their currency practices.
In its semiannual Report on Macroeconomic and Foreign Exchange Policies of Major Trading Partners of the United States, the Treasury Department concluded that Vietnam, Switzerland and Taiwan met all three criteria for enhanced currency analysis under the Trade Facilitation and Trade Enforcement Act of 2015 during the four quarters through December 2020.
No major trading partner manipulates currency: US Treasury
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