American Manufacturing Base Crippled From Effect of China’s Manipulated Currency

This is the second in of a series of articles showing how Chinese policies are crippling America and no one taking action to prevent it.

Trade should not be a one way-street, especially when a country is manipulating its currency to destroy their trade partner’s manufacturing base. The current dispute between communist China and the free market United States is a case in point.

China has been devaluing its currency, the Yuan, by 10-50%, according to U.S. Rep Sandra Levin, a recent Times Leader article said. By undervaluing its currency, China is able to export goods at a low price and US companies can not compete, adding to the growing trade deficit between the two nations.
This unfair policy has not gone unnoticed. Levin is part of a growing movement around the country upset about the expanding trade deficit and unfair policies in Beijing toward the United States.

The trade deficit - $233 billion last year- between the United States and China, is unsustainable. Trade has become an unfair one way street between the United States and China. The United State must reduce its dependence on Chinese imports and not allow devalued Chinese products to topple fair and law abiding American manufacturers.

China is responsible for 15% of exports into the United States, ranking second only behind Canada, according to the CIA World Factbook. Unless these practices are quickly stopped our manufacturing base will erode and our industrial infrastructure will collapse causing our whole economy to fail.
The United State’s should not be exploited by their second biggest import trade partner: it is time to take action. Contact your local congressman and tell them that the United States should not be duped by one of its biggest trading partners. That America should create a tit-for-tat policy that makes trade fair for America and its workers.

Any new policy will be tough to get off the ground due to China's influence via their US debt holdings, their powerful lobby, and 1.2 trillion in US currency reserves- America is running out of leverage. American’s must take a stand now before more industries and jobs are lost to China’s devalued currency and unfair trade practices.

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