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ECONOMY

U.S. keeps Japan and five other nations on currency “watch list”

  • October 19, 2018
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All national dailies reported this morning or Thursday evening on a semiannual report released on Wednesday by the Treasury Department concerning the currency exchange policies of key trade partners of the United States, saying that although the United States did not designate any nation as a currency manipulator, it will keep China, Japan, South Korea, India, Germany, and Switzerland on its “watch list” to monitor for currency manipulation. Yomiuri claimed that the report indicated that the United States is calling for cooperation from its trade partners in reducing its trade deficit. Sankei wrote that U.S. pressure on Japan over currency issues will likely increase, speculating that Washington may bring up the issue of a currency provision in its “TAG” talks with Japan.

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