martes, 11 de octubre de 2011

Senate Approves Bill to Retaliate Against China on Currency

Kelsey Snell
NATIONAL JOURNAL

The Senate briefly set aside partisan conflict on Tuesday to overwhelmingly approve legislation to retaliate against China’s undervalued currency.

The legislation to use punitive tariffs to offset damages caused by Chinese currency manipulation passed the Senate in a wide 63 to 35 vote. But the bill is now likely headed to indefinite purgatory without consideration in the House.

Link