Senate bill would hit China over undervalued money

WASHINGTON — The Sen­ate weighed on Mon­day whether to pun­ish China for under­valu­ing its cur­rency and tak­ing away Amer­i­can jobs. At issue is whether leg­is­la­tion would boost the Amer­i­can econ­omy, as its sup­port­ers argue, or ini­ti­ate a dam­ag­ing trade war with a major partner.