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US House passes anti-China trade war bill

September 30th, 2010
Categories: News, Economic, Politics

Link: http://wsws.org/articles/2010/sep2010/trad-s30.shtml

The House of Representatives on Wednesday passed a bill giving the executive branch the power to impose punitive duties on exports to the US of any country whose currency is labeled “fundamentally undervalued.” The measure was pushed by the Democratic leadership and supported overwhelmingly by Democratic congressmen, with substantial Republican support.

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