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Lawmakers eye adding currency rules to Asia-Pacific trade deal

Posted on 13 September 2013

Members of a House of Representatives committee discussed with top Obama administration officials whether it makes sense to include rules limiting government currency interventions in a trade pact under negotiation with Asian and Pacific countries, according to attendees at the meeting.
Rep. Sander Levin (D., Mich.) and other critics have blamed China and Japan for working to weaken their currencies unfairly, a move that can put U.S. goods, including American-made cars, at a relative disadvantage………………………………………..Full Article: Source


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