Taiwan Calls on U.S. to Suspend Currency Manipulation Criteria
Miaojung Lin and Samson Ellis, 18 April 2021
Taiwan urged the U.S. to temporarily ease its monitoring of trading partners for currency manipulation during the ongoing Covid pandemic.
The U.S. Treasury should suspend its three criteria for designating major trading partners currency manipulators while the world battles the coronavirus, Taiwan’s central bank said in a statement on its website Sunday in response to the latest U.S. foreign-exchange policy report.
The U.S. refrained from labeling any economy a currency manipulator in the Biden administration’s first report published Friday, despite acknowledging that Taiwan, Switzerland and Vietnam all met the threshold. Continue reading “Article: Taiwan Calls on U.S. to Suspend Currency Manipulation Criteria”
