Taiwan Denies Currency Discussed in U.S. Tariff Talks
Taiwan Denies Currency Discussed in U.S. Tariff Talks

Taiwan Denies Currency Discussed in U.S. Tariff Talks

News summary

Taiwanese officials have firmly denied that recent tariff negotiations with the United States included any discussion of exchange rate policy, despite the Taiwan dollar's sharp appreciation against the U.S. dollar fueling market speculation to the contrary. The Office of Trade Negotiations clarified that the central bank was not involved in the talks and that exchange rates were not on the agenda. Multiple statements from both the trade office and the central bank emphasized that the recent currency movements were driven by market sentiment and capital inflows, not by U.S. pressure or demands. Top officials, including President Lai Ching-te and the central bank governor, called for an end to speculation and confirmed central bank intervention to maintain market stability. The first round of substantive tariff talks with the U.S. was described as frank and cordial, with no mention of currency issues. Taiwanese authorities criticized local media and opposition parties for overinterpreting foreign comments and creating unnecessary diplomatic friction.

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Left 33%
Center 67%
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3
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Center
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0
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Last Updated
2 days ago
Bias Distribution
67% Center
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