Fox News: Senate Passes Bill to Sanction China Over Currency
Posted: October 11, 2011 by THE CURRENCY NEWSHOUND - Just Hopin in Iraqi Dinar/Politics


The Senate has voted to punish China for keeping its currency undervalued against the dollar.

Many see China’s currency policy as a big factor in the flood of Chinese imports that has led to American factories shutting down and workers getting laid off.

The 63-35 vote Tuesday evening shows the growing anger over the U.S. trade relation with China. <

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