Sentence examples for currency provision from inspiring English sources

The White House has opposed the currency provision, making it even more unlikely that the text will make it into the final piece of legislation.

Without a currency provision, the TPP is likely to lead to growing trade deficits and job losses.

Obama has warned that a poorly written currency provision could hamper the Federal Reserve's ability to conduct monetary policy, but many economists believe it would be simple to craft effective language that would give the Fed plenty of leeway.

"Now is the time to think deeply and comprehensively about this country's trade policy," said Sen. Chuck Schumer (D-N.Y ., who has taken the leaD-N.Y .ghting for the currency provision.

Unless there is a strong currency provision in the TPP, reductions in the U.S. trade deficit--the most promising route back to sustainable full employment--will be harder to obtain following its passage.

Opponents of the currency provision say it could spark a new trade war with China, and the administration argues that a number of the Asian trade partners would likely pull out of the broader TPP deal if currency manipulation is addressed.

"Do you plan to include strong currency provisions?" Brown continued.

Currency provisions must be placed in the TPP that could be enforced through trade sanctions.

"Seeking enforceable currency provisions would likely derail the conclusion of the TPP, given the deep reservations held by our trading partners," Treasury Secretary Jack Lew told senators.

Later in the hearing, Sen. Sherrod Brown (D-Ohio) piled on, asking, "Are you prepared to risk defeat... by not including meaningful currency provisions in this agreement?" "I'm sorry, I can't answer that yes or no," Froman responded.

The currency manipulation provision authored by Sens. Chuck Schumer (D-N.Y).