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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