www射-国产免费一级-欧美福利-亚洲成人福利-成人一区在线观看-亚州成人

US EUROPE AFRICA ASIA 中文

Obama: Currency bill on China could fall foul of WTO rules

( Xinhua ) Updated: 2011-10-07 08:09:59

WASHINGTON - US President Barack Obama on Thursday expressed "concerns" about a controversial Senate bill on the so-called "currency manipulation" by China, saying it should be consistent with the US international trade obligation.

The Senate move could fall foul of World Trade Organization rules, Obama said at a White House press conference.

The US Senate on Thursday cleared a procedural vote to advance the bill, known as the Currency Exchange Rate Oversight Reform Act of 2011, which sets in motion a process for imposing punitive tariffs on a country with allegedly misaligned currencies, noticeably the Chinese renminbi or yuan.

Obama said that the renminbi has appreciated to some extent over the last year, though it has not met the expectation of the US side.

The Chinese government has repeatedly expressed its strong opposition to the US Senate move, warning that it "seriously violates rules of the World Trade Organization and obstructs China- US trade ties."

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.

Chances of the bill moving forward in the House of Representatives appeared doubtful as Republican House Speaker John Boehner came out against the bill on Tuesday.

"It's pretty dangerous to be moving legislation through the United States Congress forcing someone to deal with the value of their currency," Boehner said. "This is well beyond what Congress ought to be doing, and while I've got concerns about how the Chinese have dealt with their currency, I'm not sure this is the way to fix it."

Republican House Majority Leader Eric Cantor earlier warned an "escalation" in trade tensions could have painful "unintended consequences." He also said President Obama should use existing powers to deal with US-China currency issues.

Many US economists believe that Senate legislation is not an appropriate measure to address the currency issue.

"At a time when China is one of the few sources of global growth, ratcheting up protectionist sentiments only makes it harder to secure the necessary multilateral cooperation," Yukon Huang, senior associate at the Washington-based think tank Carnegie Endowment, said on Thursday.

Leading US media, including The Washington Post in an editorial, said that the Senate bill is "counterproductive" and will do more harm than good to the United States.

 

Most Popular
Special
...
主站蜘蛛池模板: 91视频站| 最新久久免费视频 | 日韩精品亚洲一级在线观看 | 欧美精品成人久久网站 | 欧美一区二区三区四区在线观看 | 男女乱淫视频 | 日韩精品一区二区三区视频网 | 全国男人的天堂网站 | 宅男66lu国产乱在线观看 | 欧美成人二区 | 亚洲欧美性视频 | 欧美日韩免费播放一区二区 | 成人在线播放视频 | 日本b站一卡二卡乱码入口 日本s色大片在线观看 | 久久99国产精品久久99果冻传媒 | 欧美性猛交xxxx免费看手交 | 欧洲免费无线码二区5 | 暖暖日本在线播放 | 欧美成人福利视频 | 在线观看亚洲天堂 | 男女性高爱潮免费的国产 | 日本美女视频韩国视频网站免费 | 97青青草原国产免费观看 | 国产高颜值露脸在线观看 | 国产在线不卡午夜精品2021 | 一级黄色录像片 | 97在线精品| 午夜限制r级噜噜片一区二区 | 美国全免费特一级毛片 | 波多野结衣一区二区 三区 波多野结衣一区二区三区88 | 成人毛片国产a | 欧美丝袜自拍 | 欧美a一| 国产精品正在播放 | v片在线看| 日黄网站 | 国语自产精品视频 | 免费看特级毛片 | 91亚洲精品一区二区福利 | 婷婷丁香花麻豆 | 亚洲精品一区二区三区四区 |