U.S. to Investigate Vietnam for Currency Manipulation

U.S. to Investigate Vietnam for Currency Manipulation

The Trump administration is launching an investigation into the trade practices of Vietnam, faulting the country for currency practices and invoking the same trade law the U.S. used in imposing sweeping tariffs on Chinese imports. The Office of the U.S. Trade Representative Friday evening said it would pursue an investigation into Vietnam’s “acts, policies, and practices that … Read more

Faltering Service Sector Weighs on Global Recovery as Infections Rise

Faltering Service Sector Weighs on Global Recovery as Infections Rise

The coronavirus’s resurgence is weighing on service providers in Europe and Asia, even as factories continue to report a strengthening recovery from spring’s sharp declines in output. Surveys of purchasing managers in France, Germany and Japan pointed to a decline in activity at businesses that provide services during September, an indication that the global economy … Read more