US House speaker: currency bill on China 'dangerous'

0 Comment(s)Print E-mail Xinhua, October 5, 2011
Adjust font size:

U.S. House Speaker John Boehner said on Tuesday that the Senate vote to allow debate on a controversial bill on so-called "currency manipulation" by China is "pretty dangerous," indicating a less possibility for the bill to pass the House of Representatives.

"It's pretty dangerous to be moving legislation through the United States Congress forcing someone to deal with the value of their currency," Boehner told reporters a day after the U.S. Senate cleared a procedural vote to advance the action.

The bill, Currency Exchange Rate Oversight Reform Act of 2011, sets in motion a process for imposing punitive tariffs on a country with misaligned currencies, noticeably Chinese renminbi, or yuan.

Even if the measure passed a floor vote in the Senate, it needs to get approval from the House before it could reach the president for being signed into law.

Boehner said he has got concerns about the Chinese currency issue, but he does not think it is a proper way to solve the problem by passing the legislation.

Republican leaders are reported that they have no plans to bring it up for a vote unless the issue flares up as a core dispute in the November 2012 presidential races.

Republican House Majority Leader Eric Cantor earlier warned an "escalation" in trade tensions could have painful "unintended consequences" and said President Barack Obama should use existing powers "if there are unfair practices going on."

Immediately after the Senate vote on Monday, the Chinese government expressed its strong opposition to the U.S. Senate action, warning that it "seriously violates rules of the World Trade Organization and obstructs China-US trade ties."

U.S. media, including the Washington Post editorial said that the Senate bill is "counterproductive" and will do more harm than good to the United States.

Print E-mail Bookmark and Share

Go to Forum >>0 Comment(s)

No comments.

Add your comments...

  • User Name Required
  • Your Comment
  • Racist, abusive and off-topic comments may be removed by the moderator.
Send your storiesGet more from China.org.cnMobileRSSNewsletter
主站蜘蛛池模板: 78成人精品电影在线播放| 中文字幕在线视频网| 欧美日韩视频精品一区二区 | 欧美人与动性xxxxbbbb| 国模杨依粉嫩蝴蝶150P| 一区二区三区国产最好的精华液| 无码人妻精品一区二区三区不卡| 久久精品国产亚洲av电影| 欧美xxxxx在线观看| 亚洲小说区图片区另类春色| 激情小说在线视频| 免费国产不卡午夜福在线| 精品视频久久久久| 国产a一级毛片含羞草传媒| 贵妇的脚奴视频vk| 国产女人18毛片水真多18精品| 亚洲性图第一页| 国产精品嫩草影院av| 91制片厂制作果冻传媒168| 在线观看成年人| bt天堂在线最新版在线| 好吊妞视频一区二区| 一区二区三区日本| 少妇大胆瓣开下部自慰| 一边摸下面一别吃奶| 成人免费观看网欧美片| 中文字幕侵犯一色桃子视频 | 超污视频在线看| 国产午夜福利在线播放| 麻豆国产尤物av尤物在线观看| 国产成人综合久久| 黄在线观看www免费看| 国产特级毛片AAAAAA| 天天操天天干天天透| 国产特级淫片免费看| www.欧美xxx| 国产男女爽爽爽免费视频| 亚洲欧美校园春色| 国产熟女露脸大叫高潮| 99热这里只有精品7| 少妇挑战三个黑人惨叫4p国语|