Taiwan, South Korea and Japan were also
included in that list considered suspects not to play clean to sustain their
economies.
This list replaces the biannual revision
ordered by the Congress that aimed to punish those who artificially manipulated
their currencies to promote their exports.
To disclose your new list, the Treasury
Department said that the five countries incur in two of the three criteria that
measure the game dirty commercial and which can give rise to reprisals from
United States:
-- have a significant trade surplus with
the United States.
-- have a current account surplus of more
than 3 per cent of GDP in that country.
-- intervene repeatedly in the market of
changes to prevent the appreciation of their national currencies.
China, Japan and South Korea are considered
guilty of the two first cases.
Taiwan was included because of its high
current account surplus and by their interventions to keep its currency
artificially low in relation to the dollar.
For Germany, that as a member of the eurozone
cannot manipulate the euro, the Treasury said that his high trade surplus with
the United States and its also high budget surplus "represent substantial
surplus savings". This surplus, said the treasury, could be used to
stimulate German demand when, according to Washington, should use it for the
rebalancing of the euro area.