Trade wars to become currency wars in 2021

  

On the way out the door, the tough-on-Asia Donald Trump administration finally netted a cagey and elusive rival: Vietnam.

After four years of rage tweeting about an “undervalued” Chinese yuan that’s “killing us,” Trump’s Treasury Department opted to put the Vietnamese dong on its dreaded currency manipulators list instead. Xi Jinping’s China got a last-minute reprieve in a new US Treasury report.

Asia Times Online English