@andyjennings
Trump’s Mar a Lago Accord is DOA.
David Henig, from the European Centre of International Political Economy: "I'm not sure there's enough skill and analytical capacity in the current White House to pull this [currency accord] off."
Former chief economist at DFAT,Jenny Gordon: "Trump's treatment of allies will hardly provide reassurance that complying with such an accord will buy stability. Even if quite a few countries do comply, it will not solve the US deficit problem."
Lord Daniel Hannan, president of the Initiative for Free Trade and a member of the UK House of Lords: "It's not possible to simultaneously to tackle the deficit problem and to keep a devalued US dollar as the world's currency…countries around the world wouldn't agree to things that weren't in their economic interest because the US wanted them to.
"The people who are claiming that there is some clever nine-dimensional chess going on here are deluding themselves because they don't want to face up to the banal reality that this is a needless policy that will impoverish people."
Japan's former top currency diplomat, Naoyuki Shinohara: ‘…any US attempt to secure a coordinated depreciation of the US dollar through a 1985 Plaza Accord-type deal likely wouldn't work, because it would require the consent of China and Europe.’