He is skeptical that a WTO complaint under GATT Article XV would be useful.  From a WSJ op-ed: The second possibility is that the U.S. would—as the new Congressional proposals also contemplate—sue China in the WTO alleging that China's exchange actions are inconsistent with China&

From a recent Congressional Research Service (CRS) report by Jonathan Sanford on Currency Manipulation: The IMF and WTO, here is some brief analysis of WTO legal issues. SCM Agreement Articles 1-3: Whether currency disputes fall under the WTO’s jurisdiction is a debatable issue. The WTO rules specify that countries

It's going on right now, and it's fascinating.  There's so much being said that it's hard to summarize.  Not sure I'll be able to, at least not right now.  You can watch it here [ADDED: Now that it's

A few months ago, I tried to do a quick analysis of one aspect of GATT Article XV:4, in the context of a possible WTO claim related to China’s currency peg. The issue I raised was whether, when arguing that an “exchange action” “frustrates the intent” of GATT

I thought it might be interesting to gather up the various views that have been expressed on the China currency issue.  I have two key questions in mind: 1)  Is the Chinese currency peg at an (allegedly) undervalued rate bad for the U.S. economy/global economy? 2)  If it