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US urges ‘decisive’ steps by China to shift away from exports
The U.S. said China continues to focus its policies on exports, and called on its biggest economic rival to implement forceful measures to boost domestic…
US hints more pressure to come on ‘undervalued’ Taiwan dollar
The Treasury’s report on major trading partners may have spared Taiwan the currency manipulator label but it hinted that U.S. officials could exert greater pressure…
Bank of Thailand unfazed by US currency watchlist inclusion
The Bank of Thailand has responded to the U.S. decision to keep the nation on watch for currency manipulation by asserting it has stepped into…
Vietnam reiterates Dong policy after manipulator label dropped
Vietnam’s central bank reiterated its exchange-rate management policy was in line with other economic goals after the U.S. Treasury Department removed the nation from its…
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Biden picks Evercore’s Bianchi, Senate aide for trade roles
President Joe Biden will nominate Evercore ISI policy analyst Sarah Bianchi and senior Senate aide Jayme White as deputies in the Office of the U.S.…
Charting global economy: US demand spurs export-led nations
U.S. retailers have reason for optimism after sales surged in March against a backdrop of increased Covid-19 vaccination rates, robust hiring and government stimulus.
Russia expels 10 US envoys in limited sanctions response
Russia expelled 10 American diplomats and imposed sanctions on eight officials in tit-for-tat moves retaliating for new U.S. punitive measures, but stopped short of responding…
Russia limits US sanctions retaliation to tit-for-tat moves
Russia expelled 10 American diplomats and imposed sanctions on eight officials in tit-for-tat moves retaliating for new U.S. punitive measures, but stopped short of responding…
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Republicans seek broader curbs on exports of chip tools to China
Two Republican lawmakers called for broader American restrictions on the sale of chip-making tools after the U.S. government placed several Chinese supercomputing firms on an…
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US drops Switzerland, Vietnam currency-manipulator labels
The U.S. refrained from designating any trading partner as a currency manipulator in the Biden administration’s first foreign-exchange policy report, even as Switzerland, Taiwan and…