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It probably won't happen, but Schumer and Graham are talking about slapping a huge tarrif on Chinese imports. China devalues its currencies unfairly according to economic rules and the dollar suffers as a result. Additionally, they have a high tax on American auto parts (which, including full autos, one of America's biggest exports) so we sell alot of their goods and they sell few of ours.
Greenspan has spoken out against the tarrif (~27% on all Chinese imports) and it will probably never go down, but we've got to respond somehow
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