Senators Snowe, Brown Seek to Amend Tax Agreement to Include Yuan Measure

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Senators Snowe, Brown Seek to Amend Tax Agreement to Include Yuan Measure

Bloomberg – Senators Sherrod Brown, an Ohio Democrat, and Olympia Snowe, a Maine Republican, proposed amending the tax bill in the U.S. Senate to include a China currency measure.

The Senate should incorporate the bill that passed the House of Representatives in September, which would let companies petition for higher duties on some Chinese imports to combat any advantage from an undervalued currency, the senators said today.

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