If currency manipulation is a subsidy--and it certainly is--then our workers and producers deserve a trade remedy.
Sherrod Brown
The Public Record
Sherrod Campbell Brown is an American politician currently serving as the senior United States senator from Ohio, a position he has held since January 4, 2007. A member of the Democratic Party, Brown previously served in the U.S. House of Representatives from January 3, 1993, to January 3, 2007. Throughout his career, he has been a strong advocate for workers' rights and has focused on issues such as healthcare, job creation, and economic equality. Brown has been known for his commitment to representing the interests of Ohio workers in the Senate.
We must not acquiesce to corrupt trade tactics that render legitimate competition impossible.
This continued undervaluation--which most economists agree is in the range of 25 to 40 percent--has caused serious harm to the U.S. economy and has cost American jobs.
This story was a celebration of the first car coming off the line in the Lordstown Chevrolet-GM plant, the car the Chevy Cruz. It is a high mileage car, I believe the highest mileage car GM ever produced. It is a relatively inexpensive…
Ohio has been devastated in the last few years with the loss of manufacturing jobs, many of them going overseas.
The Administration's focus should not be, as it states, growing gross exports. All that matters is our net exports position, which currently remains massively negative.
The next required Semiannual Report on International Economic and Exchange Rate Policies from the Treasury Department must be objective and designate any country as a currency manipulator that meets the standard.
No one has worked as hard or as effectively as Senator Harkin has on issues affecting people with disabilities. It is personal for him, but Senator Harkin has taken up what was a personal issue for him growing up, about his brother and now…
But when the overall net effect--you can talk about it is not like we are losing jobs in paper, we are losing jobs in chemicals, we are losing jobs in steel, we are losing jobs in aluminum, we are losing jobs in glass and we are picking it…
That is a story that would ring hollow to lots of cities in my State, large and small alike.
One thing China seems to understand better than we when they make these very, very small baby steps on currency appreciation is time.
Manufacturing, typically automotive but manufacturing generally is the vehicle, if you will--pardon my pun there--to lead us out of recession.
And doesn't that mean that it should be no surprise we have this sort of this huge bilateral trade deficit with China?
It just seems to me that China plays us out on this currency and continues its--it is, as you say, an effective subsidy.
You described China's undervalued currency, quote, ``as an effective subsidy for Chinese exporters.''
Does that mean that Chinese goods sold into this country are underpriced 10 to 30 percent?
This is a hearing that shows a good side of the U.S. Senate, with the kind of bipartisan cooperation that Senator Enzi is known for around here.
Well, thank you. Thank you all for your commitment, your activism, and your work that you do for so many around the country whom you don't know, and around the world.
To add on top of that having to fight, tooth and nail, just to get your son or daughter the coverage that is, in many ways and certain cases, actually already under contract.
What you deal with when you have a child who has a disorder like this is, in so many ways, crushing, and changes your life.
To address this, Nino's Act will require Medicaid to cover the cost of treatment in the event that a child's health insurance does not.
Nino's Act will give these children and their parents the peace of mind in knowing that when a study ends, their children's successful ongoing treatment will not end.
With all our medical technology and advancements, no child in this country should ever be denied medical treatment that is available and proven effective.
The unfortunate reality is that--whether we're talking education, poverty, violence, or health--the well-being of our Nation's children is not made a high enough priority.





