the bill speaks to, which have real teeth and real consequence," he said.
In response Lew argued that the US would have to vigorously insist that the laws and international agreements be honoured, and that where they're not, that there be consequences.
"We've done that in the area of trade with China over and over again. We've done it in auto parts, we've done it in tires, we've done it in rare earth," he said.
"I think on the currency question, we work through the international bodies, the G-7, the G-20, to advance the view that it's not just the United States but the organised nations of the world that insist on having currency policies which are marked or determined. And in our bilateral relations, we push back very hard," Lew said.