March 31, 2011 Headlines: Solar plants; GM investment; Mitt mentions China; Usual Geithner remarks on Yuan
Investing in America: A solar plant moves into a former Saturn facility in Tennessee; GM invests $30 million in a Pontiac, MI facility.
Where are the jobs? Mitt Romney says the unemployment rate must come down and says we need “constructive trade reform” with China; Alan Blinder looks at four impediments to economic growth.
Treasury Secretary Tim Geithner calls for flexible exchange rates, calling it "the most important problem to solve in the international monetary system today." A full text of his remarks here. Meanwhile, Malaysia and South Korea intervene to slow the rise of their currencies.
Trade Ambassador Ron Kirk calls talks with China over its subsidies to domestic wind turbine manufacturers and exclusion of US exports “very productive.”
Odd couple, part 99: John Kerry and Tom Donohue call for an infrastructure bank.
A look at two trade cases filed yesterday.
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