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USTR: China deal will include commitment not to competitively devalue currency

March 12, 2019 at 11:54 AM
Any U.S.-China trade deal on tariffs and trade barriers will mandate that China not competitively devalue its currency and include enforceable transparency requirements, U.S. Trade Representative Robert Lighthizer told the Senate Finance Committee on Tuesday. “I believe we will have a commitment not to have competitive devaluation and that we will have a commitment to certain transparency and the actual terms of the transparency we’ll have to talk about because it’s reasonably complicated,” Lighthizer said in response to a question...


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