For Immediate Release August 21, 2015 Contact: Josh Goldstein 202-637-5018 Vietnam’s Currency Devaluation Further Exposes Trade Policy Failures Statement by AFL-CIO President Richard Trumka on the devaluation of Vietnam’s currency: Vietnam’s currency devaluation is a predictable response to China’s action last week and further proof of the United States Trade Representative’s failure to negotiate trade…
Updated: Officials from the United States, Mexico and Canada are holding talks this week in Washington on outstanding issues in the Trans-Pacific Partnership (TPP) negotiations, according to sources familiar with the meeting. [ August 20, 2015| Inside U.S. Trade ] These sources said the talks would begin Thursday (Aug. 20), leaving open the possibility that…
The recent Chinese government devaluation of its currency by approximately 4.4 percent is a cogent reminder of how the Chinese manipulate their economy and the world’s. There is no doubt that what the Chinese are doing is an effort to make their exports less expensive, a fact that has been blatantly confirmed by senior…