NYT: Congress Likely To Urge China To Raise Its Currency
The House is expected to give the Obama administration another tool in
its diplomatic pouch to pressure China to let its currency rise in
value, reflecting growing concern around the country over the loss of
manufacturing jobs, persistently high unemployment and a rising trade
deficit.
In what is likely to be one of Congress's last significant measures before the election, the House will vote Wednesday on a symbolic but not insignificant measure threatening China with punitive tariffs on its imports to the United States.
Read the entire New York Times article here.
In what is likely to be one of Congress's last significant measures before the election, the House will vote Wednesday on a symbolic but not insignificant measure threatening China with punitive tariffs on its imports to the United States.
Read the entire New York Times article here.


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