US Trying to Ask Nice, Before Forcing Monetary Policy Change in China
Congress has reacted to the gap with calls for more forceful action. One measure with widespread support would impose 27.5 percent tariffs on all Chinese imports unless Beijing takes more steps to allow its currency to rise in value against the dollar.
Finally Washington seems to be trying to get tough with China, and quit ignoring the issue. I guess we will see if China willingly evens the playing field, or if we have to force the issue, potentially starting an economic war.