Press Releases
Congresswoman Dingell Statement on Vietnam Currency Actions
Dearborn, MI,
August 20, 2015
Congresswoman Debbie Dingell (MI-12) released the following statement today in response to Vietnam’s recent changes in its exchange rate policy. “Vietnam’s currency devaluation is another disturbing example of what will happen if we fail to address currency manipulation in the Trans-Pacific Partnership. When countries like Vietnam and China are permitted to cheat and subsidize their exports, American workers lose – plain and simple. We cannot sit back and watch more good paying manufacturing jobs move overseas because our trading partners refuse to play by the rules. “We need strong, enforceable protections against currency manipulation in any trade agreement, and it is my hope that the administration will stand up for American workers and hold our trading partners accountable for unfair practices.” |