US Manufacturers Want Action On Currency Manipulation

Law360, New York (May 22, 2012, 7:06 PM ET) -- Strong rules against currency manipulation should be central in any future free trade agreements, according to a letter sent by 10 major manufacturing industry groups to Treasury Secretary Timothy Geithner and U.S. Trade Representative Ron Kirk on Tuesday.

Manufacturers Urge Action on Currency Manipulation in Free Trade Agreements

In an effort to prevent trading partners from manipulating their currency, a cross-section of U.S. manufacturers and industrial groups on Tuesday signed a letter to U.S. Treasury Secretary Timothy Geithner and U.S. Trade Representative Ron Kirk urging them to include rules governing currency manipulation as a key point of any future trade agreements.