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U.S. Senate approves currency manipulation clamp-down
May 14, 2015 / 5:06 PM / 3 years ago

U.S. Senate approves currency manipulation clamp-down

WASHINGTON (Reuters) - The U.S. Senate on Thursday backed a trade enforcement bill with tough rules against currency manipulation despite objections from the White House that the measure would breach international trade laws.

The Senate voted 78-20 to pass the bill, which also toughens customs procedures and raises the threshold for customs duties for packages sent from overseas to $800, from $200.

Reporting By Richard Cowan; Editing by Bill Trott

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