FOR IMMEDIATE RELEASE
October 17, 2018
AAPC Statement on Treasury’s Semiannual Report
WASHINGTON, D.C.- Gov. Matt Blunt, president of the American Automotive Policy Council, issued the following statement on the Treasury Department’s latest semiannual report:
“We are encouraged by the work the Trump administration has done and continues to do to combat currency manipulation. Countries that intentionally engage in efforts to manipulate their currencies contribute to an unbalanced trade relationship. As the administration continues to modernize trade agreements like USMCA and establish new ones, we encourage them to continue to seek enforceable rules that prohibit this practice.”
The American Automotive Policy Council (AAPC) is a Washington, D.C. association that represents the common public policy interests of its member companies FCA US LLC, Ford Motor Company and General Motors Company.