By Grace Dixon (December 3, 2021, 7:38 p.m. EST) – The U.S. Treasury Department told Congress on Friday that Vietnam and Taiwan each meet the three criteria it uses to identify possible currency manipulation, but that it there was not sufficient evidence. to officially label countries as currency manipulators.
The Treasury report, which examines the economic policies of 20 trading partners under two trade laws enacted in 1988 and 2015, echoes the findings of a similar report it released in April in which Switzerland, Vietnam and Taiwan have reached the threshold of potential currency manipulation. The European nation narrowly dodged the list this time, according to the Treasury, which works with the countries …
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