06/26/2006
https://transcripts.cnn.com...
"the problem of their valuation of their currency does place us at a distinct disadvantage."
"I am going to be in China next week, and we are going to discuss that as one of the issues."
"China's undervalued currency reduces American exports, increases our imports and contributes to a $273 billion trade deficit with China last year."
"You have done a great job there at Commerce, and we are pleased to hear about some of the good things that are happening."