Transatlantic Auto Industry Pushes for Progress on EU/US Trade Deal
AAPC Statement on Trans-Pacific Partnership Discussions in Singapore
Washington, D.C. - American Automotive Policy Council President Matt Blunt today issued the following statement at the conclusion of the latest round of Trans-Pacific Partnership discussions in Singapore:
South Korea’s interest in joining the Trans-Pacific Partnership is yet another reason why a final trade pact should include strong, enforceable rules prohibiting currency manipulation, say American automakers.
“The Korean government has intervened frequently in the foreign exchange markets to manage the value of the won to gain or retain a competitive advantage,” American Automotive Policy Council President Matt Blunt says in a statement released today.
The AAPC represents the interests of the “big three” — Ford, Chrysler and General Motors.
Today, U.S. Senator Rob Portman (R-Ohio) visited Chrysler’s Toledo Assembly Complex. During his visit, Portman had the opportunity to meet with employees as he toured the assembly line and saw first-hand how the new Jeep Cherokee is manufactured.