China currency bill misunderstood: trade lawyers
Dec 05, 2011 | 11:16 AM
| Catherine Ngai
Tags
currency,
China,
currency manipulation,
Fred Waite,
David Hartquist,
trade war,
anti-dumping,
catherine ngai
NEW YORK — The fiercely debated currency bill that has flared tempers from Capitol Hill to Beijing but has yet to make its way through the House may pack a lot less wallop than thought.
"This bill is misunderstood by a lot of people because they think it will result in a trade war," David A. Hartquist, a trade lawyer at Washington-based Kelley Drye & Warren LLP, told AMM. "That’s not going to happen. Nothing will actually happen because you would have to file a separate case on each product to show that it is being injured as a result of Chinese subsidies." ....
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