No major US trading partners such as China have been labeled as manipulating their currencies, but Taiwan and Vietnam were added to a “monitoring list” of foreign exchange policies, the Treasury Department said on Friday.
Washington also will continue “closely monitoring” China’s actions and again raised concerns about Beijing’s “lack of transparency” in its moves to influence currency markets, Treasury said in its semi-annual US report to Congress
The report looks at countries with large trade surpluses and which actively intervene in foreign exchange markets to keep their currencies from appreciating, which makes their exports more…
