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Trans-Pacific Partnership

Feb 07 2014
Written by Mark Clothier | Posted on Bloomberg Businessweek

Ford Motor Co. (F:US) said it will oppose the Trans-Pacific Partnership if the trade agreement doesn’t limit a country’s ability to manipulate its currency.

The proposed pact “is not likely to generate any net benefits for American manufacturers if it does not address the critical issue of currency manipulation,” Joe Hinrichs, Ford’s president of the Americas, said in a Feb. 6 speech at the Chicago Auto Show.

Feb 07 2014
Financial Times

America's car industry has plenty to thank President Barack Obama for, but it's still unhappy with a flagship trade deal that the White House is negotiating.

The carmakers want the Trans-Pacific Partnership (TPP), a free trade agreement with 11 Pacific nations, to include provisions to stem what they claim is the deliberate weakening of the yen by the Japanese government, something they argue hands an unfair advantage to Japan's car manufacturers, writes the FT's Aaron Stanley.

Feb 03 2014
Written by Matt Blunt | Posted on St. Louis Today

In the column “Carmakers’ currency stance imperils trade talks" (Jan. 26), David Nicklaus incorrectly implies that American automakers are pursuing currency provisions in order to delay the agreement or kill the negotiations altogether. In fact, U.S. automakers have supported every ratified free trade agreement and consistently lauded the economic potential of the Trans-Pacific Partnership.

Jan 10 2014

Washington, D.C. - AAPC President Matt Blunt today issued the following statement on the introduction of the Trade Promotion Authority (TPA) bill:

Jan 10 2014
Written by Doug Palmer and Adam Behsudi | Posted on Politico Pro

Three senior lawmakers on Thursday unveiled long-awaited legislation to help President Barack Obama strike major trade deals in Asia and Europe, setting the stage for a potential election-year battle between the president and many of his fellow Democrats in Congress.

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