That’s correct. But our trade deals haven’t been balanced. Our biggest export has been our jobs. Russia and China can agree to do their little trades with other countries using a different currency, but I don’t think it’s enough to affect the dollar. If our exchange rate goes down a little that just helps our exports. If the value of the dollar goes Down too far, the worst pain for us is the price of oil that we import. Fortunately for us we are becoming less reliant on oil imports as we are producing more here. China has been manipulating their exchange rate artificially low, making it more feasible for companies to produce over there, thus our loss of jobs and manufacturing. Plus our burdening over regulations costs us.
Our output is up but jobs are down. We will continue to lose manufacturing jobs despite adding manufacturing output.