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Currency Manipulation

25 Years After Tiananmen, Who Has Changed Whom?

Scott Paul | Posted 08.04.2014 | Politics
Scott Paul

Shame on China's regime. But shame on us, as well. Why? Because the United States laid significant groundwork for the formation of the modern, post-Tiananmen Chinese police state. And our culpability can be spelled out in four letters: PNTR (Permanent Normalized Trade Relations)

Zach Carter

Top Obama Official Admits He Hasn't Pursued This Democratic Priority

HuffingtonPost.com | Zach Carter | Posted 05.01.2014 | Politics

WASHINGTON -- The rift between the Obama administration and congressional Democrats over a major free trade pact has only deepened since the president...

A Good Trade Deal Is Well Worth the Wait

Scott Paul | Posted 06.24.2014 | Politics
Scott Paul

Obama might be a little disappointed to be leaving negotiations in Japan without a finalized Trans-Pacific Partnership agreement. But lost in this rush to secure a pact is what the TPP should actually accomplish: A more balanced U.S. trade account that ultimately benefits the American middle class.

Save the Economy: Bring U.S. Manufacturing Home

Pat LaMarche | Posted 06.09.2014 | Business
Pat LaMarche

For the first time in America, the number of people out of work exceeds the number of people working in manufacturing. Alliance for American Manufacturing warns that if manufacturing stays gone from the U.S. that the high tech jobs will follow.

Deutsche Bank Fires Traders Over Currency Manipulation

Reuters | Posted 04.06.2014 | Business

(Adds details about the traders, and other developments in the probe) By Paritosh Bansal and Emily Flitter NEW YORK, Fe...

How Will 'Made in America' Fare in 2014?

Scott Paul | Posted 03.09.2014 | Politics
Scott Paul

America's workers deserve a government that will fight for them in the trade arena. And the Obama administration should act boldly, instead of offering more of the same. That won't happen, though, unless the White House pursues an aggressive trade agenda that places the focus squarely on lowering the trade deficit.

It's Time to End the Secrecy Surrounding TPP

James P. Hoffa | Posted 02.09.2014 | Politics
James P. Hoffa

There needs to be more certainty for policymakers and the public if they are going to go along with such a deal. Americans deserve a bigger say in their future.

Dollar Status in Doubt After Washington Antics

Janet Tavakoli | Posted 01.23.2014 | Business
Janet Tavakoli

The U.S. is facing a global crisis of confidence. We may not see a sudden flight of capital from the United States, but we are increasing the odds that we will see a sudden fall in the dollar.

The Debilitating Currency War

Jerry Jasinowski | Posted 10.02.2013 | Business
Jerry Jasinowski

We haven't heard much about currency manipulation lately, but according to my friend C. Fred Bergsten of the Peterson Institute for International Economics, it was and remains a major threat to the international monetary system.

American Manufacturing Competitiveness Act Would Develop National Manufacturing Strategy

Michele Nash-Hoff | Posted 08.24.2013 | Business
Michele Nash-Hoff

On June 20, 2013, U.S. Rep. Dan Lipinski (D-IL-) introduced H.R. 2447, "The American Manufacturing Competitiveness Act of 2013,"a bill that would brin...

Lawmakers Urge Obama To Include Currency Rules In Trade Agreement

Reuters | Posted 08.06.2013 | Politics

WASHINGTON, June 6 (Reuters) - A bipartisan group of over half of the members of the U.S. House of Representative have signed a letter urging Presid...

The Anti-Manufacturing Forces in Washington

Gilbert B. Kaplan | Posted 06.25.2013 | Business
Gilbert B. Kaplan

Hard as it may be to believe, there are forces in Washington that oppose the revival of the U.S. manufacturing sector. Who are they, and how do we counter their efforts? I think -- roughly -- they fall into five groups.

While Treasury Sleeps, Congress Stirs on China's Currency

Scott Paul | Posted 06.03.2013 | Business
Scott Paul

While we wait for our political leaders to stand up to a country that is clearly cheating at trade, American producers suffer from the hidden tax of currency manipulation, our unemployment rate remains frustratingly high, and our trade deficit with China grows a little wider each day.

Important Bipartisan Currency Bill Introduced in House

Dave Johnson | Posted 05.20.2013 | Business
Dave Johnson

A new bill was introduced in the House today to fight currency manipulation, including China's. This bill would treat undervalued currency as a subsidy under U.S. trade law, meaning we could apply tariffs to goods from countries that do this.

The Seven World's Biggest Currency Manipulators: Report

The Huffington Post | Alexis Kleinman | Posted 10.23.2012 | Business

“Currency manipulator” is the insult of the moment. Republican presidential candidate Mitt Romney said during Monday night's debate that he wo...

Decoding the Debate on Manufacturing and China

Scott Paul | Posted 12.18.2012 | Politics
Scott Paul

Here's a quick primer on what the candidates have been saying, and where American manufacturing can travel in the next few years. Expect a crescendo on China next week when the candidates spar at the next debate.

Demonizing China for Political Profit

Doug Bandow | Posted 12.17.2012 | World
Doug Bandow

While the two leading presidential candidates play to America's worst political demons, the U.S. public supports a more measured approach to China.

Romney Heating up on China Trade Issue

Ian Fletcher | Posted 11.15.2012 | Politics
Ian Fletcher

Romney is heating up his offensive on the China trade issue. His campaign blog just released a page promising he "will ensure China plays by the rules," and blaming the Obama administration for not doing so, starting with currency manipulation.

Does Romney Mean It on Trade?

Ian Fletcher | Posted 11.11.2012 | Politics
Ian Fletcher

Mitt Romney has certainly been making some pleasant noises about fixing America's trade mess, whose $500 billion a year deficit is probably the biggest unsung reason our economy isn't turning around. But does he really mean what he says?

U.S.-China Trade Deficit Cost More Than 2.1 Million Manufacturing Jobs

Michele Nash-Hoff | Posted 11.06.2012 | Business
Michele Nash-Hoff

The growing U.S. trade deficit with China has displaced millions of jobs in the United States and contributed heavily to the crisis in U.S. manufacturing employment.

China Exports Trouble to U.S.

Leo W. Gerard | Posted 08.11.2012 | Business
Leo W. Gerard

For years, China deliberately diminished the value its currency. This artificially reduces the price of Chinese exports. Simultaneously, it artificially raises the price of U.S. exports to China. Dithering by the U.S. House of Representatives on this issue has reduced America to victim status.

The China Syndrome

Scott Paul | Posted 07.04.2012 | Business
Scott Paul

Ten years after the United States officially ended its yearly review of China's trade status, no one can credibly argue that China is any freer or more attentive to human rights, nor can they claim the United States is better off economically.

Will the AME, NAM and NACFAM Alliance Revitalize Manufacturing?

Michele Nash-Hoff | Posted 05.07.2012 | Business
Michele Nash-Hoff

The Association for Manufacturing Excellence (AME) is joining with leading organizations, such as the National Association of Manufacturers (NAM), and...

Fictional Davos Discussion Between Tim Geithner and China's He Yafei

Howard Steven Friedman | Posted 04.03.2012 | World
Howard Steven Friedman

The following conversation did not take place... but wouldn't it have been interesting if it did? Geithner: Glad I found you. We really need to talk...

Treasury Dept. Declines To Name China As Currency Manipulator

AP | CHRISTOPHER S. RUGABER | Posted 02.26.2012 | Business

WASHINGTON — The Obama administration on Tuesday declined to label China a currency manipulator after seeing recent increases in the value of th...