TechFlow news, May 15 — According to Jinshi Data, sources revealed that U.S. officials currently engaged in global trade agreement negotiations are not attempting to include commitments on exchange rate policies in the deal terms. The foreign exchange market has been experiencing sharp volatility amid concerns that the Trump administration may be intentionally pushing for a weaker dollar or using trade talks to achieve this goal.
On Wednesday, the South Korean won surged nearly 2% against the U.S. dollar, and the Japanese yen also strengthened. Earlier this month, the New Taiwan dollar posted its largest gain in decades. The source stated that U.S. Treasury Secretary Bessent is the only member of the Trump economic team responsible for exchange rate matters and has not authorized other officials to discuss exchange rate policies with trade partners; such negotiations occur only when he is personally involved.
