Many in Congress oppose the fast-track legislation for the Trans-Pacific Partnership (TPP) trade pact because it does not include currency manipulation countermeasures. However, the lack of a currency manipulation provision in the legislation is no loss, writes Russell Green, Will Clayton Fellow in International Economics. "Why choose the TPP to make a stand when currency manipulation is finally fading as a major concern?"
Read "Currency manipulation should not factor in trade bill votes" in the May 7, 2015, edition of The Hill.
Read Green's recent issue brief on currency manipulation and trade pacts here.