A House Democrat is calling on President Obama to discuss currency manipulation issues during meetings with Japanese leaders next week.
A group of House lawmakers is headed to the Asia-Pacific on Friday for a week of talks with top leaders in Japan, South Korea and China to discuss strengthening economic, trade and security ties.
The World Trade Organization on Monday forecast a modest increase in global trade over the next two years.
Hagel will meet with chief executives from the Business Roundtable.
The Obama administration is pursuing a free trade agreement with Vietnam, but critics of the country’s authoritarian regime believe sanctions are in order.
House Foreign Affairs Committee Chairman Ed Royce (R-Calif.), a vocal champion of human rights, on Friday introduced a bill that would impose targeted financial and visa sanctions on Vietnamese individuals involved in abuses.
New Senate Finance Committee Chairman Ron Wyden (D-Ore.) said his panel is looking down many economic avenues to convince Russia to step back from its move into Crimea.
In his first hearing as the head of the committee, Wyden said his committee is "now looking at every possible economic lever to pressure Russia to step back from its unprovoked incursion into Crimea."
A stalemate, especially over agriculture tariffs, is holding up progress on trade pact.
A bipartisan group of senators urged the top U.S. trade official to keep negotiations open on an Asia-Pacific trade deal until there is an agreement with Japan that provides greater market access to U.S. products.