TPP Countries Could Demand More Currency Obligations For New Entrants

The joint declaration signed by all 12 Trans-Pacific Partnership (TPP) countries laying out commitments to not manipulate their currencies and to follow transparency requirements provides that any new country wishing to join the trade agreement must also take on these obligations and could be required to take on even more extensive ones, according to a senior Treasury Department official. "The authorities of the TPP countries could make a decision that for future countries that join, they need to take on...