It makes me ill to watch these impotent politicians wringing their hands,moaning about how China refuses to re-value the yuan.
Well, they aren't going to unless it benefits them, and really, that's the way it is.
Do you really think that the US is going to push it?
Far more than us (FAR more) the dollar peg is giving the royal shaft to the EU and they are squirming about it, but blaming us. Watch as their euro buys even less fuel, and garners them less for arms, and makes their industrial products even less attractive.
There are fellow Ferrari owners that bitch about higher prices for their toys, but I laugh at these clowns.
We don't want to impose tariffs that will simply be paid by American consumers.