China Manipulating Currency, US Senators Warn
3 Articles
3 Articles
Senator Elizabeth Warren, the ranking Democrat on the Senate Banking, Housing, and Urban Affairs Committee, and Republican Senator Rick Scott jointly wrote to Treasury Secretary Scott Bessent, urging the administration to take “decisive action” to address what they call “China’s ongoing currency manipulation” and the resulting trade imbalance.
China manipulating currency, US senators warn
Washington, June 19 (SocialNews.XYZ) Two senior US senators from opposing political parties have urged the Trump administration to take stronger action against what they described as China's continued currency manipulation, arguing that Beijing's policies are distorting global trade and hurting American workers and manufacturers. In a letter sent to Treasury Secretary Scott Bessent following this week's G7 summit in Evian, France, Democratic Sen…
U.S. senators from both parties urged Treasury Secretary Scott Bessent on Thursday (June 18) to strengthen cooperation with the Group of Seven (G7) countries to jointly pressure the Chinese Communist Party to change its practice of deliberately lowering its exchange rate to gain trade advantages.
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