Leo W. Gerard, International President of the United Steelworkers (USW), reinforced today’s bi-partisan letter sent to the Obama administration as signed by 130 members of Congress led by U.S. Reps. Mike Michaud (ME-02) and Tim Ryan (OH-17), calling it a timely and overdue action that urges immediate steps to the growing problems associated with China’s continued currency manipulation.
In posting the Michaud/Ryan letter on the USW Web site, Gerard said: “The congressional letter is a timely rebuke to China’s growing trade imbalance with the U.S. and the harm it is unfairly doing to American workers and industry. Our nation’s trade imbalance is unsustainable and it factually demonstrates China is operating as a protectionist country. Currency is probably the single most critical barrier to exports by the U.S., but it’s hardly the only one ... more


