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Chamber of Commerce president: China currency bill will provoke retaliation

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"Sticking a stick in their eye is not a smart idea."

The Senate last week passed a bill that would require the U.S. to impose tariffs on Chinese imports to compensate for Beijing’s cheap trade tricks. On the surface, the bill sounds like a wise idea. If China artificially devalues its currency to lower the price of its goods (and so make them more attractive to U.S. [...]

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Tina Korbe 18 Oct, 2011


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Source: http://hotair.com/archives/2011/10/17/chamber-of-commerce-president-china-currency-bill-will-provoke-retaliation/
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