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Asian countries, Switzerland at risk in U.S. Treasury's currency report | WKZO | Everything Kalamazoo - Vimarsana News

Asian countries, Switzerland at risk in U.S. Treasury's currency report | WKZO | Everything Kalamazoo

By David Lawder WASHINGTON (Reuters) - The U.S. Treasury could label several countries currency manipulators before President Donald Trump leaves office, analysts say, as the coronavirus pandemic skews trade flows and widens U.S. deficits with trading partners. Currency experts say Vietnam, Thailand, Taiwan and Switzerland all risk being found in violation of the three U.S. criteria for currency manipulation in the Treasury Department's long-delayed report on the foreign exchange practices of major trading partners. They expect the report within days. While President-elect Joe Biden is expec...

Source: wkzo.com