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trade, chinese currency
(Image from article: "U.S. industry, lawmakers urge action on China's yuan")

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G-20 refuses to back US push on China's currency

G-20 refuses to back US push on China's currency

Leaders of 20 major economies on Friday refused to back a U.S. push to make China boost its currency's value, keeping alive a dispute that raises fears of a global trade war amid criticism that cheap Chinese exports are costing American jobs.

 

Senate unlikely to follow House on yuan

The Senate is unlikely to take up pending China currency legislation following a weekend promise by the Group of 20 economic powers to shun currency devaluations for trade advantage, analysts said on Sunday.

 

U.S. industry, lawmakers urge action on China's yuan

U.S. industry, lawmakers urge action on China's yuan

U.S. industry and senior Democrats ratcheted up pressure on Congress on Wednesday for a tough new trade law to punish China for what they see as an undervalued currency that threatens American jobs and profits.

 

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