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Tags: iran | China | Currency | report | lawrence | summers | timothy

White House: Iran Not Why Currency Report Delayed

Sunday, 04 April 2010 11:56 AM EDT

The White House denies any connection between delaying a report on China's currency policies and seeking China's cooperation on new penalties against Iran for its nuclear program.

The report to Congress was due April 15 — just as China's president comes to Washington for a nuclear security summit.

Treasury Secretary Timothy Geithner said Saturday he was delaying publication because several high-level international meetings in the coming months would be a better way to advance the U.S. position.

White House economic adviser Lawrence Summers tells ABC's "This Week" that the Iran matter isn't causing the delay and that those meetings are a good way to have a direct dialogue with the Chinese.

Some lawmakers want China branded as a currency manipulator harmful to the U.S. economy.

© Copyright 2024 The Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.


InsideCover
The White House denies any connection between delaying a report on China's currency policies and seeking China's cooperation on new penalties against Iran for its nuclear program.The report to Congress was due April 15 just as China's president comes to Washington for a...
iran,China,Currency,report,lawrence,summers,timothy,geithner
124
2010-56-04
Sunday, 04 April 2010 11:56 AM
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