Administration won't pursue trade cases
Thursday, April 29, 2004
WASHINGTON -- The Bush administration said Wednesday it has decided not to investigate allegations of Chinese labor rights violations and currency manipulation, arguing that diplomatic engagement is a better way to combat America's record trade deficit with China. Some business groups praised the decision, saying the administration had exhibited political courage to choose diplomacy over confrontation with China, especially in an election year where rising anxiety over job losses to foreign competition has become a major issue.
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