China and Southeast Asian countries through which the Mekong River flows should share water storage and hydropower operations data, a study said, with water levels in the river at historic lows. -October 09, 2023 at 07:03 am EDT
- MarketScreener
BANGKOK (Reuters) - China and Southeast Asian countries through which the Mekong River flows should share water storage and hydropower operations data.
Screenshot/NBC
The US Treasury under Donald Trump s administration has declared Switzerland and Vietnam as currency manipulators, leading to rising tensions near the closing days of his presidency.
The move would add pressure to President elect-Joe Biden s incoming administration, according to a chief emerging markets strategist.
US Treasury Secretary nominee Janet Yellen could alter current findings in her first currency report due in April.
Switzerland s National Bank said it does not manipulate its currency and is willing to intervene more strongly in the foreign exchange market.
WASHINGTON (Reuters) - The Trump administration labeled Switzerland and Vietnam currency manipulators on Wednesday, in another parting shot at international trading partners that could complicate matters for US President-elect Joe Biden s incoming team.
17 Dec 2020 / 09:40 H. U.S. Treasury to seek talks with Switzerland, Vietnam Swiss National Bank says move will not alter FX policies Move could be reversed by Biden s Treasury nominee Treasury adds India, Taiwan, Thailand to watch list (Adds source on possible Vietnam tariffs, Taiwan official comment)
By David Lawder
WASHINGTON, Dec 16 (Reuters) - The Trump administration labeled Switzerland and Vietnam currency manipulators on Wednesday, in another parting shot at trading partners that could complicate matters for U.S. President-elect Joe Biden s incoming team.
In a long-overdue report, the U.S. Treasury also added India, Thailand and Taiwan to a list of countries it says may be deliberately devaluing their currencies against the dollar.
U.S. calls Switzerland, Vietnam currency manipulators in Trump trade shot By David Lawder
FILE PHOTO: Stacks of Swiss franc Euro and U.S. dollar banknotes are displayed in a bank in Bern
WASHINGTON (Reuters) – The Trump administration labeled Switzerland and Vietnam currency manipulators on Wednesday, in another parting shot at trading partners that could complicate matters for U.S. President-elect Joe Biden’s incoming team.
In a long-overdue report, the U.S. Treasury also added India, Thailand and Taiwan to a list of trading partners it says may be deliberately devaluing their currencies against the dollar.
The COVID-19 pandemic has skewed trade flows and widened U.S. deficits with trading partners, an irritant to outgoing President Donald Trump, who won office four years ago partly on a promise to close the U.S. trade gap.