Lee Statement on China Currency Bill

October 6, 2011

WASHINGTON – Today, Senator Mike Lee released the following statement in opposition to the China currency legislation:
 
“There are better, more productive ways to create jobs than to threaten a trade war with our largest trading partner. Tariffs only serve to increase costs for American businesses and consumers.  Instead, we should be looking at ways to grow the economy by reducing excessive regulation, fundamentally reforming the tax code, getting our fiscal house in order, and increasing our domestic energy supply.“