Snow Says China Trade Gap Too Big

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• US trade gap a sign of growing economy: Snow - US Treasury Secretary John Snow said the record US trade deficit was the result of strong economic growth and the United States outpacing the growth of other countries.
• Big Tariffs Vs. China A Bad Idea For U.S., Fed Chief, Snow Say (Investor's Business Daily) - Raising tariffs against China for its refusal to let the yuan rise would hurt the U.S., Federal Reserve Chairman Alan Greenspan and Treasury Secretary John Snow told lawmakers Thursday.

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