Fred Bergsten
Fred Bergsten
C. Fred Bergstenis an American economist, author, and political adviser. He has previously served as assistant for international economic affairs to Henry Kissinger within the National Security Council and as assistant secretary for international affairs at the U.S. Department of the Treasury. He was director of the Peterson Institute for International Economics, formerly the Institute for International Economics, from its founding in 1981 through 2012 and is now senior fellow and director emeritus. In addition to his academic work, he...
ad history point remain trade
The point is -- ad we know this from history -- that if currencies remain way out of line, trade protectionism follows.
economic failure harder issues overall progress relationship security together undermine work
The failure to get progress on the economic issues may undermine the overall relationship and then make it harder to work together on the security concerns.