This week’s Cotton Newsline is three cuts. All cuts are Robbie Minnich (pronounced Men-ic), Senior Government Relations Director for the National Cotton Council.
Suggested introduction cut one:
The Coalition for a Sound Dollar, comprised of more than 100 industry and agricultural associations, last week commended President Bush and Treasury Secretary John Snow for their statements asserting that China must act now on currency reform. Robbie Minnich, Senior Government Relations Director for the National Cotton Council, explains future actions for currency reform.
Suggested introduction cut two:
During an interview last week, President Bush pressed China to take an interim step toward a market-based currency. According to Minnich, other Asian countries are watching the currency situation closely.
Suggested introduction for cut three:
Minnich reports a Coalition spokesperson noted a tougher line with the Chinese government is good news for U.S. manufacturers and farmers who have been hurt by the undervalued currencies of China, Japan, South Korea and Taiwan.
