AFL-CIO Secretary Richard Trumka:

This is not an academic exercise.  The difference between currency manipulation and a fair exchange rate is the difference between having a job and watching your factory shut its gates.  It is the difference between having health insurance for your kids – or not.  And, for our country, it may be the difference between having a healthy middle class – or sitting back and watching as economic divisions tear us apart. 

Currency manipulation by any definition is not fair trade.  There is no reason that nations engaging in these practices should have free and easy access to the American market.  Limiting access to that market is our big stick.  We should speak softly and be prepared to use it.   We urge Congress to act now.

That about covers it. 

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