Ways & Means Chair Vows to Address China Trade Abuses After Aug Recess
During remarks to the Chamber of Commerce on July 27, 2011, House Ways and Means Committee Chairman Camp discussed the status of the pending free trade agreements and plans to address trade abuses by China.
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Camp expressed optimism that the pending FTAs with Korea, Colombia, and Panama can be passed. Camp promised that if the President sends the FTA implementing bills to Congress now, he and the House will act on the FTAs and Trade Adjustment Assistance (TAA) immediately.
Camp also discussed pending trade issues with China, noting that the focus in Congress on currency manipulation is a mistake and misses the far larger issues the U.S. has with China. Camp further stated that after Congress recessed for August, he intends to have the Ways and Means Committee begin looking more aggressively at China’s trade abuses.