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US Places Taiwan, Vietnam on Monitoring List for Possible Currency Manipulation

By Aldgra Fredly

The U.S. Treasury has placed Taiwan and Vietnam on its monitoring list for possible currency manipulation due to the countries exceeding thresholds over the four quarters through December 2021.

The Treasury Department released its semi-annual currency report on Friday (pdf), which assessed the U.S. major trading partners against thresholds that determine whether a country’s exchange rate had been manipulated to gain an unfair advantage in international trade.

It stated that Taiwan and Vietnam exceeded the thresholds of fewer than three criteria established under the 2015 Act over the four quarters through December 2021…

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