US lawmakers target China in tax bill

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US lawmakers target China in tax bill

AFP – WASHINGTON — Two US Senators on Monday sought to attach legislation targeting China over alleged currency manipulation to a bill championed by President Barack Obama to avert a massive New Year's tax cut.

Republican Olympia Snowe and Democrat Sherrod Brown said they had introduced the "Currency Reform for Fair Trade Act" as an amendment to the tax measure, which was expected to clear a critical test vote later in the day.

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