Monday, May 20, 2013

Latest local news, weather and sports for Syracuse and Central New York

Senator Charles Schumer takes on China currency
Posted: 03.29.2010 at 5:49 PM
2
Photo

SOLVAY -- Senator Charles Schumer was at Crucible Steel in Solvay Monday.

He was talking about how Chinese manipulation of its own currency was hurting American manufacturing.

According to Schumer, it gives American companies a 30 percent disadvantage when selling their products to China. 

If the currency was left alone, he says 2 million jobs would come back to America.  Senator Schumer said: "Tens of thousands (of jobs) which would be in Central New York.  Manufacturing companies would start hiring again!
 

Popular Stories
Thumbnail
Tiger Woods to participate in 6th annual Notah Begay III Challenge at Turning Stone
Alice Maggiore  |  Today at 12:05 PM  |  1 comment
Thumbnail
Deadly fire in Syracuse
Laura Hand  |  Yesterday at 8:31 AM  |  3 comments
Follow CNY Central
Get news and weather notifications on your phone by downloading the iPhone or Android app below
Sign up to get alerts and updates for breaking news, severe weather, and deals:
submit
ADVERTISEMENT
Special Features
CNY Biz Central - Senior Living
Find the assistance you need here.
CNY Biz Central - Auto
Do-it-yourself tips on auto maintenance and repair.
CNY Biz Central - Home & Garden
From landscaping to decoration, get smart with home and garden tips.
Contest Corner
Enter to win!
ADVERTISEMENT