The fact is that the president had an opportunity to stand up and take on China for currency manipulation.
The analogy between the currency manipulation then and now is complete.
During the debates Romney said that he would charge China with currency manipulation.
They do not need currency manipulation to protect them.
This act gives our nation the tools it needs to enforce the rules of trade and address China's currency manipulation.
Under the new trade law, currency manipulation is sufficient cause for retaliation by Washington.
Illegal currency manipulation has cost America as many as two million manufacturing jobs.
Romney's big idea is to take on China over alleged currency manipulation, hinting at a possible trade war.
Schumer is continuing to press for a bill that would fight back against currency manipulation.
But it stopped short of accusing China of currency manipulation.