Shortcut Navigation:

What I Do

Deborah Cannada, Librarian - West Side Elementary School, Charleston, WV.

More »

Vietnam’s Currency Devaluation Further Exposes Trade Policy Failures

Statement by AFL-CIO President Richard Trumka on the devaluation of Vietnam’s currency:

Vietnam’s currency devaluation is a predictable response to China’s action last week and further proof of the United States Trade Representative’s failure to negotiate trade agreements that protect American workers and jobs. Instead of negotiating rules to prevent unfair currency manipulation, the USTR has helped off-shorers by leaving currency rules out of the proposed Trans-Pacific Partnership. And several other TPP countries’ currencies – the Australian and New Zealand dollars and the Malaysian ringgit – are also down against the U.S. dollar since the Chinese government’s actions last week. But the TPP isn’t done. It’s time for USTR to admit its mistake and make sure the TPP includes enforceable currency rules that protect and support America’s working families.

Contact: Josh Goldstein (202) 637-5018

Online Community

Press Contacts

Signup for Media Alerts


  • Carolyn Bobb  
  • Josh Goldstein  
  • Charity Jackson  

General Inquiries

  • AFL-CIO Media Outreach Department

AFL-CIO Latino

  • Gonzalo Salvador   202-637-5033

Connect With Us

  • Facebook
  • Twitter
  • YouTube
  • Flickr

Get Email from AFL-CIO

Msg & data rates may apply. Text STOP to 235246 to stop receiving messages. Text HELP to 235246 for more information.

Join Us Online