Swift action sought in U.S. House; American jobs and manufacturing to benefit
Leo W. Gerard, International President of the United Steelworkers (USW) issued the following statement today after the U.S. Senate voted to pass the bi-partisan Currency Exchange Rate Oversight Reform Act of 2011 (S.1619). This bill provides sanctions on China or other nations for currency manipulation.
“The USW applauds the U.S. Senate for its vigorous debate today and stepping up to the plate for American workers and manufacturing. The legislation addresses the economic damage being done by China and others who purposely undervalue their currencies.
“The Senate currency reform act will put our nation on a sustainable path for economic growth and rebalancing our massive trade and federal budget deficits ... more
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- USW Urges New York MTA to Reconsider Rebuilding Verrazano-Narrows Bridge with Domestic, not Chinese Steel
- Urgent Help Needed by Paducah Gaseous Diffusion Plant Employees
- Workers Uniting - Just the Beginning of a Groundbreaking Fight
- USW Members Ratify Contracts at ExxonMobil Baytown Complex
- Republicans Prepared to Sacrifice the Economic Well-being of the Nation and its Middle Class
- USW Praises Senate Support for Strong Buy America Requirements in Water Resources Development Act
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