House Trade Chair Says Action by Congress on China Currency is Imperative
Congressman Michaud (D), Chairman of the House Trade Working Group, issued a statement criticizing the Commerce Department’s announcement of its decision not to investigate China’s currency manipulation as a countervailable subsidy in petitions filed by U.S. paper companies. Michaud states…
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that since the White House has refused to take action to level the playing field with China, it is absolutely imperative that Congress do so as soon as it returns.