February 21, 2006 – After the U.S. trade deficit hit a record $725 billion last year, including a $202 billion deficit with China, Congressional leaders and the Bush administration are once again putting China trade issues at the top of their agenda.
The Bush administration has talked about filing trade charges against China over auto parts and copyright piracy as well as branding China a currency manipulator. However, the Bush administration’s tough talk in the past over China has usually gone nowhere. This has prompted many lawmakers to push forth their own legislation.
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