Summary Box: Geithner pledges tougher approach on China trade issues including currency

By AP
Thursday, September 16, 2010

Summary Box: Lawmakers upset with China on trade

CHINA TRADE: Lawmakers are pressuring the Obama administration to take a tougher stand with China on trade issues that they say have cost millions of American jobs.

YUAN VALUE: More than 100 House members are pushing for a vote on legislation that would give the administration more powers to impose sanctions on countries that are judged to be manipulating their currencies to gain trade advantages.

GEITHNER PLEDGE: Treasury Secretary Timothy Geithner pledged at two congressional hearings Thursday that the administration would work with Congress to develop a more effective strategy to protect U.S. interests.

Filed under: Government

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