THE Bush administration will oppose efforts in Congress to penalise China for a trade surplus with the United States, Treasury Secretary Henry Paulson stressed in Washington on Wednesday.
Protectionist policies do not work and the collateral damage from these policies is high, said Paulson while delivering his first speech on the international economy since he took up the post in July.
Already a subscriber? Log in.
Limited time offer:
Just RM5 per month.
Cancel anytime. No ads. Auto-renewal. Unlimited access to the web and app. Personalised features. Members rewards.
Follow us on our official WhatsApp channel for breaking news alerts and key updates!