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US House passes yuan legislation

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09-30-2010, 11:40 AM

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US House passes yuan legislation

The US House of Representatives has passed a bill, which will allow it to impose retaliatory tariffs on China. The bill passed 348 to 79 and included the support of 99 Republicans. However, to become law, the bill would also need to be passed by the Senate and then signed by President Barack Obama. However, [...]

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