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Japan finmin: TPP is not a place to negotiate currencies
Japanese Finance Minister Taro Aso dismissed on Friday a call to set up a forum within the Pacific free trade negotiations to stop countries from manipulating exchange rates. Aso's comments follow remarks from Australia's trade minister earlier this stating week that countries involved in the Trans-Pacific Partnership (TPP) free trade talks are considering a U.S. proposal for finance ministers to discuss currency questions. The move falls short of calls by U.S. automakers such as Ford Motor Co and some U.S. lawmakers to include sanctions against currency manipulation in the trade deal. "We consider that (TPP) is ... (full story)