According to Odaily Planet Daily, sources reveal that U.S. officials did not attempt to incorporate commitments on exchange rate policies into the terms of global trade agreement negotiations. The foreign exchange market has been volatile due to concerns over the Trump administration pushing for a devaluation of the dollar. On Wednesday, the Korean won surged nearly 2% against the dollar, the yen strengthened, and the New Taiwan dollar saw its largest increase in decades earlier this month. U.S. Treasury Secretary Mnuchin is the only member of Trump's economic team responsible for exchange rate matters and has not authorized other officials to discuss exchange rate policies with trade partners; relevant negotiations will only take place when he is personally involved.