The New Protectionism
This is bad news:
Passed by a vote of 20-1, the Senate Finance Committee's measure would allow U.S. companies to seek anti-dumping duties on goods from any country that maintains a "fundamentally misaligned" exchange rate after being formally cited by the United States.I am hoping for a veto threat. For now, kudos to Senator Maria Cantwell for being the sole vote against the measure.
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