The Fall 2019 Treasury Foreign Exchange Report should send a strong warning to Thailand, Taiwan, and Singapore that their current pattern of intervention in the market would put them at risk of future designation. But it probably won't focus heavily on any of the three.
Vietnam's exports to the U.S. are growing fast.
It also runs an overall current account surplus. If it has resumed purchasing dollars in the foreign exchange market to keep its currency from appreciating, it may soon be a test case for Trump's policy toward countries that intervene to maintain an undervalued currency.
By adopting tougher regional strategic and economic measures with Vietnam, the Donald J. Trump administration could further convince Southeast Asian states to embrace the Free and Open Indo-Pacific concept.
Welcome to “Women Around the World: This Week,” a series that highlights noteworthy news related to women and U.S. foreign policy. This week’s post was compiled with support from Rebecca Turkington and Ao Yin.
Welcome to “Women Around the World: This Week,” a series that highlights noteworthy news related to women and U.S. foreign policy. This week’s post, covering March 16 to March 26, was compiled with support from Alexandra Bro, Anne Connell, and Rebecca Hughes.