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Connecticut Democrats Urge Passage of China Currency Bill

Hartford, CT – Connecticut U.S. Senator Richard Blumenthal and Congressman Chris Murphy are calling on Congress to pass a measure that would impose sanctions on China for what they call unfair currency practices.

The Connecticut Democrats have scheduled a news conference for 11:30 a.m. Monday at HABCO Inc. in Glastonbury.

The Senate is likely to vote on a China sanctions bill on Tuesday, after partisan divisions delayed action last week. The proposal would make it easier to raise tariffs against Chinese goods if China keeps its currency undervalued.

Blumenthal says the bill would curb trade practices by China that favor Chinese exports and unfairly harm American manufacturers.

He says the U.S. trade deficit with China cost an estimated 2.8 million American jobs over the past decade, including about 31,600 in Connecticut.

Copyright 2011 The Associated Press. All Rights Reserved.