I received an email from American Jobs Alliance which states the following:
China systematically undervalues its currency, making Chinese goods 40% cheaper compared to U.S. goods. This is illegal, and it's bankrupting American businesses. This is a major cause of our unemployment and our trade deficit with China. At least 2.8 million American jobs have been stolen by China's cheating and illegal trade practices. Ending China's currency manipulation would create over 2 million American jobs.
China's playing games and it is up to us to keep them accountable. If we the people don't then China is going to tank our economy and we will be in trouble then.
1 comment:
However US manufacturers can think of manufacturing higher quality goods that are much better than Chinese goods.
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