Re: I don't understand economics either
Posted by Nick E. on 4/3/2017, 8:15 am, in reply to "I don't understand economics either"
Yes, this is what he's saying - that China artificially weakens its currency in order to make its exports cheap and to make it harder for foreign companies to profitably sell into the Chinese market. According to him, this isn't a tariff but has the same effects as one.
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