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2019-06-17

Ms. Warren and Donald Trump agree on at least one thing: America’s currency problems are hurting workers.

Overseas currency manipulation by central governments made American exports more expensive all over the world. 

And it made products manufactured in China and other countries cheaper in comparison.

It’s the primary reason America’s trade deficit soared over the last 20 years, wiping out almost five million manufacturing jobs, roughly 90,000 factories and the livelihood of thousands of the nation’s farmers.

Robert E. Scott, Senior economist with the Economic Policy Institute Policy Center NYT June 16, 2019

Economic Policy Institute

US Dollar

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