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IPFS News Link • Economy - Economics USA

Congress wants China to devalue its currency to support dollar

3-21-2006 • Agence France Presse

[rotsa ruk!] 2 US lawmakers leading congressional efforts to pressure China into revaluing its currency have begun talks by warning they remain worried over the lack of progress on the yuan. Could impose a hefty tariff of 27.5% on its US-bound export

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