LEGISLATIVE LANDSCAPE: Increasing Pressure on Trade

Markham, Dan
April 2006
Metal Center News;Apr2006, Vol. 46 Issue 4, p34
Trade Publication
The article focuses on the call for congressional action by steel industry executives and trade associations in the U.S. on Chinese currency manipulation. Five bills are under consideration in Congress that are aimed at making American goods more competitive in comparison to reportedly subsidized Chinese imports. John Nolan, vice president and manager of the Steel Dynamics Inc. stated that China's intentional underevaluation of its currency is a threat to the U.S. manufacturing base and economy.


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