Pelosi: U.S. In Abusive Relationship With China

By Andrea Salazar

House Minority Leader Nancy Pelosi (D-Calif.) Thursday urged Congress to tackle the China currency manipulation bill before dealing with trade agreements.

“I can say flat out, with all the respect that I have for the people of China, with all the importance I place in our relationship and the fun I had digging to China when I was a child on the beach…we are in an abusive relationship with China when it comes to trade,” Pelosi said.

Speaking to reporters at her weekly briefing, Pelosi said Congress should pass the Currency Exchange Rate Oversight bill “not to be protectionist but to be self reliant.”

The minority leader also commented on the supercommittee, asking them to “have as its centerpiece an initiative for growth, for innovation, for entrepreneurship” because “creating jobs through the private sector, through the small business is the way to better the economy.”

As a representative from California, she also spoke about Steve Jobs’ death calling him a “visionary genius” who was able to connect with different generations.