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Trans-Pacific Partnership

Jan 10 2014
Written by Elvina Nawaguna and Krista Hughes | Posted on Reuters

American automakers on Thursday pushed for rules against currency manipulation to be included in an ambitious trade pact being negotiated between the United States and 11 other Pacific Rim countries.

The American Automotive Policy Council, which represents Chrysler, Ford and General Motors, said participating nations should commit to not manipulating their exchange rates to gain an unfair competitive advantage.

Jan 10 2014
Written by David Shepardson | Posted on The Detroit News

A trade group representing Detroit's Big Three automakers on Thursday unveiled a proposal to prevent currency manipulation in a proposed free trade pact.

Jan 10 2014
Written by Brian Wingfield, Laura Litvan and Michael C. Bender | Posted on Bloomberg Politics

Congressional leaders who oversee trade policy introduced legislation today that would give President Barack Obama the fast-track authority he is seeking to enact three of the world’s largest accords.

House Ways and Means Committee Chairman Dave Camp of Michigan joined leaders of the Senate Finance Committee to offer legislation on so-called trade-promotion authority, which subjects trade deals to an up-or-down vote by Congress.

Jan 09 2014

AAPC Announces Proposal for Strong, Enforceable Currency Provisions in the Trans-Pacific Partnership

Dec 16 2013
Written by Damian and Siobhan Hughes | Posted on The Wall Street Journal

House and Senate negotiators have reached agreement on legislation to speed congressional approval of foreign trade pacts, including a major Asia-Pacific agreement the administration hopes to complete early next year.

The Trade Promotion Authority legislation, also known as "fast-track," would include language directing trade negotiators to consider currency issues as a "negotiating objective" in future trade talks, according to people familiar with the deal. The language is an attempt to...