The Committee to Support U.S. Trade Laws has submitted a letter to Senators Harry Reid and Mitch McConnell in support of H.R. 2378, the Currency Reform for Fair Trade Act.  The Act seeks to clarify that the Department of Commerce may impose countervailing duties to address subsidies provided by a foreign country’s undervalued currency.

Read the letter here:

CSUSTL Currency Reform for Fair Trade Act Letter (Dec. 3, 2010)

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