Better late than never, I guess. Larry Summers wrote a recent policy recommendation report, in collaboration with the Center for American Progress, which said (see page numbered 123 at this link): The World Trade Organization, or WTO, rules pertaining to exchange rates are inadequate to address the challenge of unfair advantage from skewed exchange…
As discussions surrounding the proposed Trans-Pacific Partnership (TPP) heat up, there has been a new push to include provisions within the agreement to keep countries from managing the value of their currency for competitive gain vis-à-vis their trading partners. This push got an unexpected (by me, anyhow) boost recently when former U.S. Treasury Secretary and former…
Brian O’Shaughnessy, CPA’s Co Chair for Manufacturing on the CPA Board and Chair of Revere Copper Products, will be appearing on America’s Work Force Radio this Wednesday, February 4th, at 7a. Brian will be talking about Fast Track Trade Promotion Authority, pending trade agreements, and how a progressive consumption tax could really help jobs in…