S. 1619

Key Votes on S. 1619
Roll Call
About The Keyvote

This bill, the “Currency Exchange Rate Oversight Reform Act”, would impose sanctions on China for allegedly manipulating its currency. Retaliation aimed at the value of Chinese currency will not fix anything and could trigger a trade war. Placing high tariffs on Chinese goods acts as a tax on American consumers because the costs of the tariffs get passed down in the form of higher prices for imports.