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12 Aug
01:00

AISI: China's currency devaluation damaging US manufacturing

China’s move to devalue its currency illustrates the government’s active role in currency manipulation to promote Chinese exports and impose barriers to imports, the American Iron and Steel Institute (AISI) says. “[The US] government must address the massive damage that China’s undervalued currency is causing to our nation’s manufacturing sector, especially the steel industry”, AISI president and ceo Thomas Gibson says in …
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