Yes, you are right is is bad for exporters. But if you are buying from China, whether you are a retailer who will have cheaper goods, or your are a business making capital investment (buying computers or equipment), you prices go down which is good for you and your customers. And that’s at a 4-1 ratio. I’m not saying yuan devaluation is good, just that it is not all bad.
So...our AG goods going across should be worth a hell of a lot more then? AG which would include forest products?
Or raw iron ore? Oil? Coal?
Wouldnt that help those in these?
So...our AG goods going across should be worth a hell of a lot more then? AG which would include forest products?
Or raw iron ore? Oil? Coal?
Wouldnt that help those in these?
“But if you are buying from China, whether you are a retailer who will have cheaper goods, or your are a business making capital investment (buying computers or equipment), you prices go down which is good for you and your customers. “
Doesn’t stop there...that’s not the extent of it.
If you are an American biz competing with goods coming from China, THIS move screws you and your business.
THAT’s what Trump is talking about.