China Currency Manipulation Act of 2008
A bill to require the Secretary of the Treasury to take action with respect to currency manipulation by the People's Republic of China, and for other purposes.
Other Bill Titles (2 more) 4/3/2008--Introduced.
China Currency Manipulation Act of 2008 - Directs the Secretary of the Treasury to:
(1) make an affirmative determination that the People's Republic of China (PRC) is manipulating the rate of exchange between its currency and the U.S. dollar; />(2) establish and report to Congress on a plan of action to remedy such currency manipulation;
(3) initiate expeditiously bilateral negotiations with the PRC to ensure that it regularly adjusts the rate of exchange between its currency and the U.S. dollar in order to permit effective balance of payment adjustments and eliminate unfair competitive advantage in trade; and
(4) instruct the Executive Director to the International Monetary Fund (IMF) to use the U.S. vote to ensure that the PRC takes such action to achieve such goals.
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Committees
Amendments
This bill has no amendments.
Bill Status
| Introduced | ![]() | Voted on by Senate | ![]() | Voted on by House | ![]() | Considered By President | ![]() | Bill Becomes Law |
| April 03, 2008 |
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Blog Coverage
April 02, 2008 Bill Introduced: S.2813 China Currency Manipulation Act of 2008
A bill to require the Secretary of the Treasury to take action with respect to currency manipulation by the People's Republic of China, and for other purposes.








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I agree with any legislation to force China from pegging the Yuan to the dollar, our trade deficit is increasing and the free market is being impeded by the Chinese govt. Get it passed!
Thanks,
Ed Shelton
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