Tony Fratto
Tony Fratto
Salvatore Antonio "Tony" Frattowas Deputy Assistant and Deputy Press Secretary to former United States President George W. Bush...
allowed market mechanism next reflect step supply work
The next step is that the mechanism be allowed to work and reflect market supply and demand.
currency dollar national policy strong values
The administration's policy on the dollar is unchanged. A strong dollar is in the national interest. Currency values should be set in open, competitive markets.
economy focused job
The secretary's doing his job, and he's focused on the U.S. economy right now.
week
This is really the week it must be done.
chinese conditions deal economy-and-economics example market using
It's another example of the Chinese using market instruments to deal with market conditions in their economy.
china currency exchange greater mechanism rate reform
China has made a reform to its exchange rate mechanism that was an important step. We still want to see greater currency flexibility in the region.
exactly intended process
I think the process is working exactly the way it was intended to work.
congress session week
It's really the week this must be done because the Congress will be out of session at the end of this week.
achieve achieved agreement among continuing discuss full hope ministers proposal
The ministers are continuing to discuss the proposal this morning. We hope to achieve an agreement among the full G-8 ministers but we have not achieved that yet.
adjusted company consider factors fresh operations port terms
It is a fresh look because there are new factors to consider in terms of the way the company has adjusted the transaction and the assurances they've made in terms of how port operations will be treated.
government price response severe whether
Obviously, if there are severe price spikes and severe shortages, we would want to take a look at whether a government response
allowed best ensure jobs people
The best thing we can do is ensure that these people are allowed to do their jobs.
adjust authority determination emergency government
The government has the authority to adjust the tariffs in an emergency situation, but no determination has been made yet.
reports talk useful willing
We're always willing to talk about how to make reports like this as useful as possible.