AS CHINA CURRENCY BILL CLEARS SENATE PRICE CALLS FOR GOP LEADERS TO STAND WITH AMERICAN WORKERS, NOT CHINA PDF Print E-mail
October 11, 2011

Washington, D.C. - Today, Representative David Price (NC-04) issued the following statement as the Senate passed a bipartisan bill to crack down on Chinese currency manipulation, which gives Chinese companies an unfair advantage against manufacturers in North Carolina, destroying jobs in our state. House Republican leaders have signaled they will block consideration of a similar bill, H.R. 639, which would make it easier to investigate allegations of currency manipulation by China or other countries and impose tariffs on the country's imports if it is found guilty of currency cheating. Rep. Price has cosponsored the bipartisan House bill, which has 225 cosponsors in all, and has signed a discharge petition to force the House GOP leadership to bring it to the floor for a vote.

"Today's vote in the Senate is a bipartisan message to House Republican leaders: stand with American workers, not with China. House GOP Leaders should stop blocking this bill and bring it up for a vote right away.

"We've long known we need to get tough on China's unfair trade practices, but House Republican leaders have dismissed efforts to enforce fair trade with China as 'dangerous.' There is nothing dangerous about putting American workers first and protecting jobs by cracking down on China's unfair trade practices, which are a much greater threat to jobs in our state than any free trade agreements, past or future.

"Republican leaders are thwarting the will of the House of Representatives and standing in the way of a bill that could protect a million jobs here at home. If House Republican leaders are interested in ensuring our economic success and protecting American jobs, they'll stand up to China's currency cheating. If they're not, they won't, but the will of the American people is clear-this bill should be brought to the floor for the bipartisan vote it deserves."

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