US proposes punishment for countries that manipulate currencies
"Over the years US lawmakers have accused China, Japan, South Korea, Thailand and Vietnam of artificially lowering their currencies — but broad new rules could entangle other countries, including in Europe."
Foreign nations would no longer be able to use currency policies to the disadvantage of American workers and businesses,” said Wilbur Ross, the US commerce secretary. “This proposed rulemaking is a step toward implementing President Trump’s campaign promise to address unfair currency practices by our trading partners.”
https://www.ft.com/content/ff06fdca-7db4-11e9-81d2-f785092ab560
Täällä on hieman tarkemmin selostettu. Sieltä löytyy kolme kriteeriä.
Germany, India, Japan, South Korea and Switzerland are, along with China, on the US Treasury’s “monitoring list” for potential manipulation, although no country currently meets all the criteria.
The number of countries whose currency practises the US examines for possible manipulation will probably rise to about 20 of its largest trade partners, along with
Switzerland, from 12 currently.
“If [the US] expanded its watch list to its top 20 trading partners, then that could cover economies that have large trade surpluses with the US such as
Taiwan, [South] Korea, Thailand and Vietnam,” said Eugenia Fabon Victorino, head of Asia Strategy at Nordic bank Skandinaviska Enskilda Banken (SEB).
Kriteerit
1.
One current criteria requires that countries must have a current account surplus of at least 3 per cent of gross domestic product (GDP) to be considered a manipulator, which the US Treasury may lower to 2 per cent of GDP. However
2. intervention in the foreign exchange market
3.
China met one out of the three criteria the US Treasury uses for determining currency manipulation, namely that it runs a significant bilateral trade surplus with the US of at least US$20 billion.
https://www.scmp.com/economy/china-...d-not-fall-foul-us-proposal-penalise-currency
Osaako joku avata noita kriteereitä? Miksi ne on manipulointia?
Ensimmäinen ja kolmas ainakin ihmetyttää?