231. U.S. Foreign Exchange Policy—Currency Provisions and Trade Deals
- Author:
- Mark Sobel
- Publication Date:
- 04-2019
- Content Type:
- Working Paper
- Institution:
- Center for Strategic and International Studies
- Abstract:
- The Barack Obama administration’s efforts to secure Trade Promotion Authority (TPA), in conjunction with advancing the Trans-Pacific Partnership (TPP), brought into focus a congressional push to associate currency provisions with U.S. trade agreements. Since that time, discussions on the association of currency provisions with trade deals have gained momentum and become a feature of U.S. foreign exchange policy, especially under the Donald Trump administration. What is the historical context for including currency provisions alongside or as part of trade deals in U.S. exchange rate policy? What has actually been done? Is including currency provisions alongside or in trade deals a good idea? How should this be best managed?
- Topic:
- Foreign Policy, International Cooperation, International Trade and Finance, Exchange Rate Policy, and Trans-Pacific Partnership
- Political Geography:
- North America and United States of America