FOR IMMEDIATE RELEASE
May 26, 2016
AAPC Statement on ITC Report to Congress on Trans-Pacific Partnership
WASHINGTON, D.C. - American Automotive Policy Council President Matt Blunt today issued the following statement on the International Trade Commission’s (ITC) report on the economic impact of the Trans-Pacific Partnership:
“One of the requisite steps before trade agreements can be considered by Congress is a thorough review by the ITC on their economic impact. We hope that Congress will carefully review this report, specifically how the ITC has measured the impact of the proposed Trans-Pacific Partnership on the U.S. auto industry and American manufacturing.
"American automakers remain concerned about possible currency manipulation by TPP trade partners, including Japan. AAPC, as well as economists from across the ideological spectrum, agree that the U.S. government should include enforceable rules prohibiting currency manipulation in its trade agreements to produce a positive economic impact on American manufacturing.”
The American Automotive Policy Council, Inc. (AAPC) is a Washington, D.C. association that represents the common public policy interests of its member companies FCA US, Ford Motor Company and General Motors Company.