madam speaker , i thank the gentleman for yielding me this time .  i rise in support of this bill , and i am mystified by the opposition on the other side of the aisle .  it appears that partisan politics trumps good business .  it appears that partisan politics trumps their interest in american manufacturers .  foreign subsidies products exported to the united states continue to cause extreme financial hardship for these manufacturers .  while rules exist to provide countervailing duties on such products , rules do not take into account the advantages enjoyed by nonmarket economies like china .  because china is such a major global trader , china 's undervalued fixed-exchange rate has exacerbated significant imbalances between trading partners .  under china 's fixed-exchange rate , the u.s. annual bilateral trade deficit accelerated since 2001 , reaching $ 162 billion in 2004 .  while u.s. exports to china increase , its undervalued currency has burdened u.s. manufacturers , restricted market opportunities for exporting our products into china .  meeting with businesses in my district , the three main complaints i have heard from my district regarding china have been piracy of product , the dumping of products on our market , and the currency pegging issue .  i believe that we need to support this legislation , reject the democrat bill , which does not address these issues .  