Leading manufacturers, including the American Automotive Policy Council (AAPC), the Alliance for American Manufacturing (AAM) and the American Iron and Steel Institute (AISI), expressed support for dealing with the issue in the TPP.
"This letter to the president signed by a majority of the House of Representatives makes clear that there is broad, bipartisan support for addressing currency manipulation in the Trans-Pacific Partnership trade agreement," said Matt Blunt, president of AAPC.
"Strong, enforceable rules prohibiting currency manipulation must be included in the trade agreement, but before Japan can be allowed to become a TPP partner, it must establish a clear record demonstrating that its domestic auto market is completely open to foreign competition," Blunt said.