Raleigh Rally
Posted by SCapozzola on March 28th, 2008

At a campaign appearance in Raleigh yesterday Senator Clinton said she would call for a trade time out. Specifically, she said: “I will call for a time out to fix NAFTA. It’s time we said to the rest of the world we are happy for you to be our trading partner. I will also get tough on China for manipulating their currency. I will appoint a new trade prosecutor. China is a growing economy - we want them to expand but they should live by the rules.”
The Bush administration has never designated China a currency manipulator despite worldwide agreement that Beijing artificially devalues its currency. A good first step would be for a U.S. president to have his Treasury Department cite China for currency manipulation, thus opening up a range of U.S. remedies via the ITC.




November 12th, 2008 at 11:39 pm
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