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Sunday, September 19, 2010

postheadericon Labeling China as a currency manipulator invites trade retaliation (Rep. Peter Roskam)

The faces at the negotiating table may change over the years, but the dispute between the USA and China remains the same: how should America’s policymakers respond to China’s undervalued currency? As China suppresses the value of its currency, it creates an unlevel playing field for U.S. businesses, and this competitive disadvantage contributes to U.S. jobs losses.

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