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U.S. to Start Consultations With Taiwan Over Currency – The Wall Street Journal

Treasury Department says Taiwan’s central bank is actively intervening in the foreign-exchange market



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WASHINGTONThe U.S. will start talks with Taiwan to address the valuation of its currency and external imbalances, saying its central bank is actively intervening in the foreign-exchange market, the Treasury Department said Friday.
The department will continue similar talks with Vietnam and Switzerland, which were designated as currency manipulators by the Treasury under the Trump administration in January.
Departing from the Trump administrations stance, the Treasury stopped short of designating…

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