Economics

Kerry Says U.S. May Take Action on Yuan Next Year

Lock
This article is for subscribers only.

Senate Foreign Relations Committee Chairman John Kerry said the U.S. Congress is “impatient” with the artificially low value of China’s yuan and may take action next year.

The Massachusetts Democrat, speaking in Washington about U.S.-China relations, also said that if the Group of 20 nations isn’t able to address currency values, the U.S. should find another way to deal with the issue.