US stops short of branding Vietnam, Switzerland, Taiwan currency manipulators


WASHINGTON, April 17 (Reuters): The US Treasury Department on Friday said Vietnam, Switzerland and Taiwan tripped its thresholds for possible currency manipulation under a 2015 US trade law, but refrained from formally branding them as manipulators.

In the first semi-annual foreign exchange report issued by Treasury Secretary Janet Yellen, the Treasury said it will commence "enhanced engagement" with Taiwan and continue such talks with Vietnam and Switzerland after the Trump administration labeled the latter two as currency manipulators in December.

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