Loading ...re your: ” If China devalues its currency to create unfair competition while the dollar strong here, with new tariffs it’s gonna cost them. No more welfare for all these countries at our expense. ”
There is no way to off load “China” or big global business, from US “welfare.” Any fluctuations in the Yuan Dollar exchange rate is microscopic in value, only symbolic. Will NOT make Chinese population buy from USA.
Those big businesses are LOCKED in. Long ago. Who would move or create entire factories over there without a guarantee? Like a 45 year lease so far. “China” I’m sure is told what to do and say by big business. Just like here in the USA.
Don’t forget, Global Banks are also big business Trump Haters that hate borders. So raising the dollar imo was to override tariffs. When the Global Banks and other big businesses decide the USA needs help, they will LOWER their global US Dollar value to pump us up. Like when it was down to 72 instead of 95 area.
They have a few rate hike points built up for us as dry powder when if the real estate or stock market collapses, they can drop the dollar with lower rates.