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Showing posts with label china. Show all posts
Showing posts with label china. Show all posts
Friday, April 10, 2020
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Tuesday, August 20, 2019
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Thursday, February 9, 2012
Tuesday, January 10, 2012
Russ Carnahan on HR 639 currency reform and fair trade act
January 9, 2012
Thank you for contacting me to share your support for H.R. 639, the Currency Reform for Fair Trade Act. I appreciate hearing from you and welcome the opportunity to respond.
As you know, H.R. 639 aims to mitigate the effects of currency manipulation by foreign countries. Specifically, the legislation empowers the Commerce Department to impose countervailing and anti-dumping duties if a foreign currency is found to have been undervalued or overvalued for an 18-month period. It may please you to know that I have cosponsored of this important legislation.
I share your concerns that the trade polices of foreign countries, especially China , harm American workers and businesses, particularly manufacturers. Since coming to Congress, I have supported several measures to remedy this situation. I have supported several bills in the Make It in America agenda, such as the Preventing Outsourcing Act and the U.S. Manufacturing Enhancement Act. Most recently, I rallied several of my colleagues from the Missouri congressional delegation to sign a letter urging the Obama Administration to swiftly address China 's evasion of anti-dumping and countervailing orders.
Given your interest in this issue, I want you to know that I have cosponsored the TRADE Act in each of the past two sessions of Congress. This legislation outlines a way forward to a new trade and globalization agenda that would benefit more Americans. Specifically, it would strengthen congressional authority in trade negotiations and ensure standards of fairness, economic growth, safety, labor, and human rights in agreements with foreign countries.
Establishing a fair system of currency valuation will assist American industries climb out of the recession and hire new workers. Americans should be confident that their hard work is not undermined by unfair trade practices of foreign countries.
Currently, H.R. 639 has been referred to the House Committee on Ways and Means. As a cosponsor of this bill, I will work with my colleagues to seek its passage. Please be assured I will continue to work to ensure that our trade laws are beneficial to American businesses.
I always appreciate hearing the views of constituents about issues facing Congress. Please feel free to contact my office if I can be of further assistance to you on this or any other matter of concern. I also hope you will find my website, carnahan.house.gov , a useful resource for keeping up with my work in Washington and the 3rd District of Missouri, and I welcome you to sign up for my e-newsletter at carnahan.house.gov/updates .
Sincerely,
Russ Carnahan
Thank you for contacting me to share your support for H.R. 639, the Currency Reform for Fair Trade Act. I appreciate hearing from you and welcome the opportunity to respond.
As you know, H.R. 639 aims to mitigate the effects of currency manipulation by foreign countries. Specifically, the legislation empowers the Commerce Department to impose countervailing and anti-dumping duties if a foreign currency is found to have been undervalued or overvalued for an 18-month period. It may please you to know that I have cosponsored of this important legislation.
I share your concerns that the trade polices of foreign countries, especially China , harm American workers and businesses, particularly manufacturers. Since coming to Congress, I have supported several measures to remedy this situation. I have supported several bills in the Make It in America agenda, such as the Preventing Outsourcing Act and the U.S. Manufacturing Enhancement Act. Most recently, I rallied several of my colleagues from the Missouri congressional delegation to sign a letter urging the Obama Administration to swiftly address China 's evasion of anti-dumping and countervailing orders.
Given your interest in this issue, I want you to know that I have cosponsored the TRADE Act in each of the past two sessions of Congress. This legislation outlines a way forward to a new trade and globalization agenda that would benefit more Americans. Specifically, it would strengthen congressional authority in trade negotiations and ensure standards of fairness, economic growth, safety, labor, and human rights in agreements with foreign countries.
Establishing a fair system of currency valuation will assist American industries climb out of the recession and hire new workers. Americans should be confident that their hard work is not undermined by unfair trade practices of foreign countries.
Currently, H.R. 639 has been referred to the House Committee on Ways and Means. As a cosponsor of this bill, I will work with my colleagues to seek its passage. Please be assured I will continue to work to ensure that our trade laws are beneficial to American businesses.
I always appreciate hearing the views of constituents about issues facing Congress. Please feel free to contact my office if I can be of further assistance to you on this or any other matter of concern. I also hope you will find my website, carnahan.house.gov , a useful resource for keeping up with my work in Washington and the 3rd District of Missouri, and I welcome you to sign up for my e-newsletter at carnahan.house.gov/updates .
Sincerely,
Russ Carnahan
Sunday, January 8, 2012
letter from Sen Blunt on China policy reply to question
Thank you for your letter concerning China's economic and trade practices.
As you know, China's unwillingness to allow its currency to rise and fall alongside the dollar and other currencies has often resulted in challenges for U.S. manufacturers attempting to sell goods into the Chinese market. I agree that this practice has created distortions in global trade and may violate China's commitments under international trade agreements.
I believe that addressing trade disputes with China should be one of our nation's top trade-related priorities. I'm working closely with U.S. Senator Ron Wyden of Oregon on a bill (S. 1133) to address some Chinese companies' efforts to evade U.S. trade laws. International trade can only work for American workers if other countries play by the rules. I believe the U.S. must continue to monitor China for unacceptable business practices, including the manufacture and export of unsafe products, exploitative employment practices, and intellectual piracy. We need to work to ensure that China and other trading partners play by the rules to ensure American products can continue to compete with any other product in the world.
I'm concerned that S. 1619, the Currency Exchange Rate Oversight Reform Bill, is not the right approach to this problem. By taking this approach, the United States risks violating its own commitments under the World Trade Organization (WTO), making us guilty of the same accusation we are leveling against China. It also risks starting a trade war with China, which I believe could have dire consequences for American manufacturers, farmers, service providers, and consumers.
I have joined with my colleague, Senator Orin Hatch of Utah, in proposing an alternative solution to this challenge that is compliant with U.S. international agreements and attempts to solicit the help of other Western nations and international organizations to align China's currency with world markets. I will keep looking for ways to resolve this problem, which I fully understand is a serious challenge for our nation's manufacturers.
Agai n, thank you for contacting me. I look forward to continuing our conversation on Facebook ( www.facebook.com/SenatorBlunt ) and Twitter ( www.twitter.com/RoyBlunt ) about the important issues f acing Missouri and the country. I also encourage you to visit my website ( blunt.senate.gov ) to learn more about where I stand on the issues and sign-up for my e-newsletter .
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topic will surface at next st. louis soar meeting next month.
thank you Mr. Blunt for answer. still awaiting Claire's reply.
As you know, China's unwillingness to allow its currency to rise and fall alongside the dollar and other currencies has often resulted in challenges for U.S. manufacturers attempting to sell goods into the Chinese market. I agree that this practice has created distortions in global trade and may violate China's commitments under international trade agreements.
I believe that addressing trade disputes with China should be one of our nation's top trade-related priorities. I'm working closely with U.S. Senator Ron Wyden of Oregon on a bill (S. 1133) to address some Chinese companies' efforts to evade U.S. trade laws. International trade can only work for American workers if other countries play by the rules. I believe the U.S. must continue to monitor China for unacceptable business practices, including the manufacture and export of unsafe products, exploitative employment practices, and intellectual piracy. We need to work to ensure that China and other trading partners play by the rules to ensure American products can continue to compete with any other product in the world.
I'm concerned that S. 1619, the Currency Exchange Rate Oversight Reform Bill, is not the right approach to this problem. By taking this approach, the United States risks violating its own commitments under the World Trade Organization (WTO), making us guilty of the same accusation we are leveling against China. It also risks starting a trade war with China, which I believe could have dire consequences for American manufacturers, farmers, service providers, and consumers.
I have joined with my colleague, Senator Orin Hatch of Utah, in proposing an alternative solution to this challenge that is compliant with U.S. international agreements and attempts to solicit the help of other Western nations and international organizations to align China's currency with world markets. I will keep looking for ways to resolve this problem, which I fully understand is a serious challenge for our nation's manufacturers.
Agai n, thank you for contacting me. I look forward to continuing our conversation on Facebook ( www.facebook.com/SenatorBlunt ) and Twitter ( www.twitter.com/RoyBlunt ) about the important issues f acing Missouri and the country. I also encourage you to visit my website ( blunt.senate.gov ) to learn more about where I stand on the issues and sign-up for my e-newsletter .
--------
topic will surface at next st. louis soar meeting next month.
thank you Mr. Blunt for answer. still awaiting Claire's reply.
Tuesday, December 27, 2011
Santa's Workshop - Inside China's Slave Labour Toy Factories
no doubt labor and worker outrages in China.
We have more than our share in America
Outrages or not, China and India might I add have brought about a billion of their citizens or better some better economic times. can we say that in America or Europe?
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