Trade Agreements Must Address Currency Manipulation

By Stephani Scruggs

As the United States Senate prepares to call a vote on granting President Obama Fast Track Trade Promotion Authority to finalize the Trans Pacific Trade Agreement, (TPP), the Coalition for a Strong America submitted a strong warning to Congress that currency manipulation must be addressed in any trade agreement: "The Obama Administration's refusal to address currency manipulation is stunning, considering most of the TPP partners are IMF currency manipulation violators.  If TPP does not address currency manipulation, there is simply no way TPP can honestly be called a free trade agreement" said Michael Bowen, the organization's National Co-Chair and Reagan Committee inductee. The Coalition letter will be circulated to Members of Congress this week as Congressional leadership attempts to bring Fast Track Trade Authority to a vote. [more...]