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Senators Urge DOC to Act on China Currency Manipulation in CV Paper Case

On June 8, 2010, Senators Brown (D) and Schumer (D) urged the Commerce Department to move forward with an investigation of China’s currency manipulation and its effect on the U.S. paper industry. In a letter, the Senators called for the…

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Department to make a final ruling on whether or not it would investigate whether China’s currency policy provides an unfair subsidy for Chinese paper products that should be remedied through trade measures.