Supply Chain Research

President Trump’s trade policy partly hangs on accusing countries of currency manipulation. Treasury Secretary Mnuchin has said the usual assessment process will be followed, with the next report due in April. This suggests the existing thresholds of goods surplus, currency account surplus and foreign exchange purchases may be maintained. China is the main target, though prior comments from President Trump and NTC Head Navarro suggest Japan and Germany are in the frame too. Panjiva data shows ten countries, up from seven in the last review, meet the $20 billion trade surplus criteria. Th...