Thailand among countries at risk in US Treasury’s currency report

WASHINGTON: Thailand is among several countries the US Treasury could label currency manipulators before President Donald Trump leaves office, analysts say, as the coronavirus pandemic skews trade flows and widens US deficits with trading partners.

Currency experts say Vietnam, Taiwan and Switzerland also risk being found in violation of the three US 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 expected to be less confrontational with US allies on matters of trade, a new White House could find it politically…