To the Point
Washington Gets Tough on China over Yuan’s Value
The House Ways and Means Committee today opened the way for retaliation against China over its undervalued currency, the key to a massive trade imbalance that critics say costs the US billions of dollars and millions of jobs. Greg Ip, author of The Little Book of Economics : How the Economy Works in the Real World, is US Economics editor for…
By Warren Olney • • 1 min readThe House Ways and Means Committee today opened the way for retaliation against China over its undervalued currency, the key to a massive trade imbalance that critics say costs the US billions of dollars and millions of jobs. Greg Ip, author of The Little Book of Economics: How the Economy Works in the Real World, is US Economics editor for the Economist magazine.
