Of course unions support causing the dollar fall relative to China’s currency, but it’s a good idea anyway. It might solve our imbalance of trade without having to resort to tariffs.
“Of course unions support causing the dollar fall relative to Chinas currency, but its a good idea anyway. It might solve our imbalance of trade without having to resort to tariffs.”
I do not think relatively small movements of the dollar will have any impact on trade. It seems inevitable that the RMB will rise against all major currencies especially the dollar. Large movements will bring inflation. Unions will place onerous demands on US businesses so I do not see movement of jobs back here. More likely, production will be moved to other low cost production areas.
Another suggestion...
...become more competitive.