The debate on trade sanctions against China that has roiled the Senate all week comes to a head in a make-or-break vote Thursday. Earlier this week, 79 senators voted to take up the bill, which could slap punitive tariffs on imports from China, the largest U.S. trading partner.
The legislation has strong backing from Democrats and Republicans alike; they say it could boost American jobs by punishing China's efforts to keep its currency undervalued and its exports underpriced. Opponents warn that should the bill become law, it could touch off a devastating trade war.
Sarah Palin says she will not run for the 2012 GOP nomination for president. The former vice presidential nominee made the announcement on the syndicated Mark Levin radio show. For more, I'm joined by NPR's Don Gonyea. And, Don, what reasons did Palin give?