The price of Chinese imports gets LOWER, making it harder for U.S. Companies, already saddled with the added costs of runaway Government, Edicts, and Regulations, to compete.
Imagine the GOP POTUS who gets to set this straight and just how easy it will be.
China has been doing this to the USA for 25 years,artificially devaluing their currency so that USA companies cannot compete. So almost everything is now made in China. china stole whole industries from the USA. just one example . the USA invented the PC personal computer and made it in the USA . Now China makes 90% of the PCs in the world. The USA makes 0. This is repeated for thousands of products.
Only Trump has been saying this for long time. and only Trump can fix it. The other politicians don't have a clue and are owned by China anyway
I tried to make it simple to understand. But every time I explain this or China's currency manipulation people get a deer in the headlights look. definitely this is only something that someone that has higher intelligence can comprehend and Trump can , the others have no clue but are corrupt anyway and owned by China. They say Asians are smarter. and this example well they are
Yepper - our sick economy gets even sicker while China can "stay home" to really profit. I wonder how this affects their posture with all the debt they bought - could be another plus for them by taking "expensive" Dollars in as payments and later on having a LOT of extra Yuan down the road.
China benefits and we take another one in the butt.