IPFS News Link • China
House Democrats push for vote on China currency
• ReutersThe bill would clear the way for the U.S. government to consider currency undervaluation as a subsidy that can be offset with U.S. countervailing duties on Chinese goods.
While only a small portion of Chinese exports to the United States would likely be affected, the legislation would encourage U.S. companies to file more trade cases against Chinese competitors, analysts have said.