Will label China a currency manipulator: Romney
October 11, 2012  08:39

Republican US presidential candidate Mitt Romney lashed out on Beijing for its alleged unfair trade practices and said that he would label China as a "currency manipulator" on the first day of his presidency if he wins the November 6 elections.  

 

"On day one, I will do something which is authorizsed under our statutes, under our law, which is to label China a currency manipulator and will instruct us to apply tariffs as they are stealing our technology, counterfeiting our products or artificially holding down the price of their goods," Romney said yesterday at an election campaign event in Ohio.  

 

Responding to a question from the audience, Romney said the US under him would compete with China and will win with most productive, innovative people in the world. The US will not allow them to take American jobs through unfair trade practices.

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