H.R. 639 was introduced in the 112th Congress, which has adjourned.

It has not yet been reintroduced.

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H.R. 639: Currency Reform for Fair Trade Act

Summary: To amend title VII of the Tariff Act of 1930 to clarify that countervailing duties may be imposed to address subsidies relating to a fundamentally undervalued currency of any foreign country. (More Info)

H.R. 639 was introduced in the 112th Congress, which has adjourned. It has not yet been reintroduced.

What POPVOX Users Say

POPVOX Nation:
68% Support
32% Oppose
(107 users)

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1 individuals support the reintroduction of H.R. 639 (112th). View report

73 users
34 users
order determined by social media popularity

Endorsing Organizations

AFL-CIO 128,745 Facebook fans 36,872 Twitter followers

Supports the Currency Reform for Fair Trade Act. Economists from across the spectrum agree that currency manipulation distorts trade and exacerbates our unsustainable trade deficits. Putting an end to currency manipulation is an issue that unites business and labor, farmers and ranchers, and Republicans and Democrats. Action by our government to put an end to this destructive illegal activity is long overdue.

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Precision Metalforming Association (PMA) 349 Facebook fans 2,526 Twitter followers

Supports the Currency Reform for Fair Trade Act of 2011. The legislation, based on a bill passed by the House of Representatives last year, aims to help U.S. businesses and workers by providing the government with new tools to deal with illegally manipulated foreign currencies.

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* This organization’s position on this bill was entered by POPVOX.

National Tooling & Machining Association (NTMA) 2,515 Twitter followers

Supports the Currency Reform for Fair Trade Act of 2011. The legislation, based on a bill passed by the House of Representatives last year, aims to help U.S. businesses and workers by providing the government with new tools to deal with illegally manipulated foreign currencies.

Read full position statement.

* This organization’s position on this bill was entered by POPVOX.

American Wire Producers Association (AWPA)

China's illegal subsidies of their wire producing industry is harming the domestic wire and wire products industry. While not the total answer to China's illegal practices, requiring the country's officials to fix the value of their yuan will certainly help level the playing field between manufacturers in both countries.

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