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US lifts Vietnam, Switzerland from currency manipulator list

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MARTIN CRUTSINGER,

AP

April 16, 2021 | 11:37 AM

WASHINGTON (AP) — Vietnam and Switzerland have been removed from the list of nations labeled by the U.S. as currency manipulators, reversing a decision made by the Trump administration in December.

In its semi-annual report to Congress on currency manipulation, the first under the Biden administration, the U.S. Treasury Department said Friday that no country currently meets the U.S. criteria as a manipulator. It said, however, that Vietnam, Switzerland, as well as Taiwan, will be under enhanced monitoring.

At the higher level of scrutiny which the report called “enhanced engagement,” Vietnam, Switzerland and now

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