Trade Facts: China’s Exchange Rate & U.S. Trade Deficit

We often hear that China “manipulates its currency” and harms the U.S. economy. Some say if we punish China as a manipulator or slap tariffs on Chinese goods it would reduce our trade deficit. But what does currency manipulation mean? More importantly, would tariffs on Chinese goods help our economy?

US-China Business Council via CHINA US Focus http://ift.tt/2a9PaAv