On the recordSeptember 29, 2010
I yield myself the balance of my time. Mr. Speaker, international trade is here to stay. The question before us today is whether we shape its course or simply let it roll--whether there are rules of competition that allow us to compete or whether we look the other way. A 25-40 percent tilt against us is unacceptable. This bill says we cannot and will not look the other way. We are going to act. I say the more multilateral effort the better, but the lack of it should not leave us without a remedy. China's manipulation of its currency is a major unilateral act, and we need to act. The President of our country said to the Chinese Premier, ``Make your currency flexible or we have other means.'' This is just such a means. This is a real problem. No more excuses. Goodwill isn't enough. We need a real answer. This is a real answer. Support this legislation.
Source
govinfo.gov
