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India’s Prime Minister Faces Blowback Over Trade Deal With Trump to Lower
Tariffs
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Prime Minister Narendra Modi won a big reduction of sky-high tariffs, but
critics say he undermined Indian sovereignty and undercut the nation’s
farmers.
16 minutes ago
Seed Newsvine
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Lawmakers of both major US parties charge that China keeps the yuan unfairly low against the dollar, giving its goods as much as a 30 percent edge over comparable US products.
ReplyDeleteCarney said that the White House shared the view that China's currency needed to appreciate to what Washington says is a fairer value and agreed American workers needed a "level playing field."
"It is also the case that aspects of this legislation do, however, raise concerns about consistency with our international obligations, and we are in the process of discussing those issues with members of Congress.