AAPC: New Study Reinforces Foreign Currency Manipulation Costs American Jobs

For Immediate Release:
February 04, 2015
Contact: Adam Temple
info@americanautocouncil.org
(202) 400 - 2610

AAPC: New Study Reinforces Foreign Currency Manipulation Costs American Jobs

WASHINGTON, D.C. - American Automotive Policy Council President Matt Blunt today issued the following statement on a new study by the Economic Policy Institute (EPI) about the impact of currency manipulation on American jobs:

"The new EPI study highlights the enormous loss of economic growth in the United States because of currency manipulation by some of our trading partners. The bottom line is that foreign currency manipulation costs American jobs, and this study adds to the compelling evidence that strong and enforceable currency rules are needed in the Trans-Pacific Partnership."

A sampling of other economic studies on the negative impact on currency manipulation on U.S. jobs and trade:

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.

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