It seems that South Korea will avoid checks on the US exchange rate report released next month, but it is difficult to rule out the possibility of a car tax cut.

The US issues two exchange rate reports each year in April and October.

I will deliberately drop the value of my own currency and go to press on the countries that trade with the United States.

If the US-Korea trade surplus exceeds US $ 20 billion, the current account surplus is more than 3% of GDP, and the net buying ratio exceeds 2% of GDP, it is designated as a currency manipulation bureau.

South Korea has been designated as a low-level observation country by the two countries because of the balance of trade balance and the current account surplus to GDP.

However, Korea 's trade surplus with the United States dropped below $ 20 billion last year, leaving one more requirement.

The surplus in the US merchandise trade has shrunk from $ 27.6 billion in 2016 to $ 23.1 billion in 2017 and $ 17.9 billion last year.

The report predicted that China and Germany would become "focused" targets for the United States.

However, Korea also diagnosed that it was not completely out of the danger of US high tariffs.

Last month, the US Department of Commerce submitted a report on the impact of car imports on US national security.

It is estimated that the imports of automobiles have a detrimental effect on the US national security and that they should impose tariffs on them, even though the contents of the report are not disclosed.

The report said, "Considering the economic outlook, it is difficult for the US to impose automobile duties on the US side, but it is necessary to recognize it as a major risk factor for the time being because it has a large impact on imposition."

The report said, "Korea has finished the renegotiation of the free trade agreement with the United States last year, but it can not rule out the possibility of inclusion in tariffs." In this case, Korea's GDP is expected to fall by 0.2 percentage points. "