Economics
U.S. Trade Offensive Puts Spotlight on Foreign-Exchange Policies
- Trader nervousness ’low,’ could magnify impact of a surprise
- Thailand, Malaysia seen as candidates for the monitoring list
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President Donald Trump’s intensifying trade crusade is putting a fresh spotlight on an upcoming U.S. assessment of foreign-exchange policies.
While Trump threatened on the campaign trail to brand China a manipulator of its exchange rate once in the White House, the U.S. Treasury’s semiannual currency reports failed to name any such violators in 2017.