Read Here "Currency Wars" China Targeted in Currency Manipulation
www.StockMarketFunding.com "Currency Wars" China warns US currency bill might harm ties China Targeted in Currency Manipulation by US Democratic Congress Currency Manipulation Video on "USA vs China" and the currency standoff. SMF St Trader highlights the current issues regarding "trade wars" and "currency manipulation. China owns over Trillion dollars of US Debt and if they pull their card we'll see what happens. "china currency peg" The House has approved legislation that would allow the US to seek trade sanctions against China and other nations for manipulating their currency to gain trade advantages.The 348-79 vote Wednesday sends the measure to the Senate, where its prospects are unclear. Senate supporters hope to get a vote on a similar proposal after Congress returns following the November congressional elections.Supporters said the bill would allow the Obama administration to pressure China on an issue that they say has led to the loss of more than 2 million manufacturing jobs in the US over the past decade.The vote came as lawmakers scrambled to wrap up unfinished business so they can hit the campaign trail with a little over a month before the Nov. 2 elections. Polls show that the state of the economy and an unemployment rate that remains stuck at 9.6 percent are the top concerns of voters.The measure was passed by a wide margin with 99 Republicans joining Democrats to vote yes. Those in opposition included 74 Republicans and five Democrats.American
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