US: Switzerland, Vietnam Manipulating Currencies
The United States (US) Treasury on Wednesday accused Switzerland and Vietnam of manipulating their currencies, partly to gain a trade advantage over American exports.In the semi-annual foreign exchange report, the US Treasury found the two countries were intervening in currency markets to affect balance of payments, and in the case of Vietnam, also aiming at "gaining unfair competitive advantage in international trade."US Treasury Secretary Steven Mnuchin called the decision "a