US Presses China to Open its Markets
By wchung | 04 Apr, 2026
The top U.S. trade official says China’s decision to let its currency appreciate against the dollar was a good start, but China must do more to open its markets to American goods.
U.S. Trade Representative Ron Kirk told a Senate Committee Wednesday the Obama administration will continue to press China to open its markets. Kirk said President Barack Obama will raise currency and other trade issues in talks with Chinese officials at this weekend’s G-20 summit of wealthy and developing nations in Canada.
China announced over the weekend it would give up a two-year-old peg of its currency to the U.S. dollar, allowing the yuan to appreciate in value.
STEPHEN OHLEMACHER,Associated Press Writer WASHINGTON (AP)
Articles
- What's the Best College for Asian Americans?
- Judge Blocks Trump from Forcing Colleges to provide Race-Related Data
- Telegram's Durov Hails Russian Resistance Against Moscow's VPN Blocks
- Iran Leaves Door Open for Peace Talks, Mocks Trump's Demands
- Iran Claims New Air Defense System Used to Shoot Down US Jet
- The “Kash Patel” Bollywood Video That Got Our Hopes Up
- Shoot-Down of US Fighter over Iran Triggers Dangerous Rescue Operation
- Trump Wants to Boost Defense by Cutting Other Programs
- Musk Asks Banks to Spend Tens of Millions on Grok AI on Eve of $2 Trillion SpaceX IPO
- Liza Koshy Pioneered the Digital Star-to-Hollywood Crossover