| The U.S. Treasury Department’s latest currency report is supposed to ratchet up pressure on trade partners whose exchange-rate policies are giving exporters a leg up on American firms.
But the administration’s new metrics for calling out currency offenders still leave countries enough latitude to avoid triggering censure by Washington. Under the Treasury’s new guidelines, a country has to meet three criteria to start an official sanctions process. Its trade surplus with the U.S. has to be larger than $20 billion...............................................Full Article: Source
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