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21-06-2024, 02:05 PM
The U.S. Treasury Department released its semi-annual foreign exchange policy report on the 20th, stating that no major trading partners manipulated currencies last year.
Six countries, including Vietnam, China, Germany, Malaysia, Singapore and Taiwan, remained on the list. Japan has also been added to the watch list.
Japan's trade surplus with the United States will reach US$62.4 billion (approximately NT$2 trillion) in 2023, and the ratio of the current account balance to GDP will rise from 1.8% in 2022 to 3.5%. This is the reason for Japan's inclusion.
In addition to Japan, China, Vietnam, Taiwan, Malaysia, Singapore, and Germany remain on the list.
Taiwan, Vietnam, and Germany meet the criteria for bilateral trade surplus and current account surplus,
Singapore meets the criteria for continued foreign exchange intervention and current account surplus, and Malaysia meets the criteria for current account surplus.
https://ec.ltn.com.tw/article/breakingnews/4712220
Six countries, including Vietnam, China, Germany, Malaysia, Singapore and Taiwan, remained on the list. Japan has also been added to the watch list.
Japan's trade surplus with the United States will reach US$62.4 billion (approximately NT$2 trillion) in 2023, and the ratio of the current account balance to GDP will rise from 1.8% in 2022 to 3.5%. This is the reason for Japan's inclusion.
In addition to Japan, China, Vietnam, Taiwan, Malaysia, Singapore, and Germany remain on the list.
Taiwan, Vietnam, and Germany meet the criteria for bilateral trade surplus and current account surplus,
Singapore meets the criteria for continued foreign exchange intervention and current account surplus, and Malaysia meets the criteria for current account surplus.
https://ec.ltn.com.tw/article/breakingnews/4712220
