Wednesday, April 7, 2010 as of 11:14 AM ET
The House has approved legislation that would allow the U.
S. to seek trade sanctions against China and other nations for manipulating their currency to gain trade advantages.The 348-79 vote Wednesday sends the measure to the Senate, where its prospects are unclear. Senate supporters hope to get a vote on a similar proposal after Congress returns following the November congressional elections.Supporters said the bill would allow the Obama administration to pressure China on an issue that they say has led to the loss of more than 2 million manufacturing jobs in the U.S. over the past decade.The vote came as lawmakers scrambled to wrap up unfinished business so they can hit the campaign trail with a little over a month before the Nov. 2 elections. Polls show that the state of the economy and an unemployment rate that remains stuck at 9.6 percent are the top concerns of voters.The measure was passed by a wide margin with 99 Republicans joining Democrats to vote yes. Those in opposition inc...Chinese President Hu Jintao's high-profile visit to Washington this week comes as newly elected Republican lawmakers are itching to act against what they see as an u...
After years of trying, Congress is taking another stab at retaliating against what many see as Chinese manipulation of its currency to make its exports to the United...
BEIJING -- Beijing accused Washington of protectionism Thursday after U.S. lawmakers escalated the conflict over China's currency controls, inching the two economic ...
Fears of a full-blown currency war flared Thursday as the dollar fell to an eight-month low against the euro and the U.S. stepped up pressure on China to let its cur...
No economic policy could better serve Americans than genuine free trade but open trade policies are failing Americans.The basic idea is compelling. Let each nation d...
A prominent Democratic senator on Sunday suggested that the Obama administration was letting China slide on possible currency manipulation in exchange for help on Ir...
The Obama administration on Tuesday declined to label China a currency manipulator after seeing recent increases in the value of the yuan compared to the dollar.The ...
The Donald on currency manipulation , Iran's threat
"My fervent hope is that it would be possible for me and my family to leave for the U.S. on Hillary Clinton's plane."-- Chen Guangcheng , a Chinese dissident lawyer ...
Chinese president's state visit comes amid concerns over China's human rights abuses, currency manipulation
The Obama administration announced Friday it will delay a scheduled report on whether China is manipulating its currency to gain trade advantages until after upcomin...
WASHINGTON -- President Obama faces a deadline Friday that could test already fragile U.S.-China relations: He must decide whether to accuse Beijing formally of usin...
WASHINGTON -- The Senate on Monday weighed whether to punish China for undervaluing its currency and taking away American jobs. At issue is whether legislation would...
We seem determined to repeat the policy mistakes that made the 1930s Great Depression so deep. Already we have seen the massive increases in government spending and ...
WASHINGTON -- The Obama administration on Friday declined to cite China for manipulating its currency to gain trade advantages against the United States. The Treasur...
As America struggles with surging debt and unemployment, Washington must pursue policies that will encourage economic growth and job creation without increasing the ...
A bill that would give the U.S. government the power to impose economic sanctions on China and other countries found to be manipulating their currencies to gain trad...
When President Obama meets with Chinese President Hu Jintao this week, one of the top items on the agenda will be resolving a dispute over how China sets the value o...
WASHINGTON -- Chinese President Hu Jintao's high-profile visit to Washington this week comes as newly elected Republican lawmakers are itching to act against what th...
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