In the first nine months of 2019, the United States recorded a US$17.4 billion trade deficit with Taiwan. Photo: EPA
In the first nine months of 2019, the United States recorded a US$17.4 billion trade deficit with Taiwan. Photo: EPA
Taiwan

Taiwan keen to avoid currency manipulator label by reducing US trade surplus

  • Taiwan’s trade surplus with the US is expected to pass US$20 billion this year, meeting one of the criteria Washington uses to qualify for monitoring
  • Taiwan was last labelled a currency manipulator by the United States in December 1992, and was on the US Treasury monitoring list in 2016 and 2017

In the first nine months of 2019, the United States recorded a US$17.4 billion trade deficit with Taiwan. Photo: EPA
In the first nine months of 2019, the United States recorded a US$17.4 billion trade deficit with Taiwan. Photo: EPA
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