Sunday, December 12, 2010

United States Commerce Secretary Locke: very worried China trade policy

United States trade representative, Kirk (RonKirk) and Commerce Secretary Locke (GaryLocke) on Wednesday (June 23) said they were very concerned about China's take on the United States company adverse trade policy, and if necessary to take tough measures to protect the rights of the United States.

For United States Senate Finance Committee prepared testimony of showed that Obama (BarackObama) the Government would pay close attention to China's reform initiatives in the near future.

Locke said: "United States Treasury Secretary Geithner (TimothyGeithner) will pay close attention to the Chinese allow renminbi appreciation of the extent and speed, and will continue to work on the issue and the Chinese Government officials. ”

Locke also noted that the Department of Commerce is seriously considering on China paper and aluminum products chargeable against the RMB exchange rate of countervailing duties.

Locke added: "in view of the final decision will be subject to United States and the World Trade Organization (WTO) for a detailed review, I want to make sure that we for investigation decisions consistent with the facts and the law. ”

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