Political Leaders’ Latest Scheme: Big Taxes on U.S. Exports
Bryan Riley /
Several U.S. political leaders have recently reiterated their desire to punish countries that undervalue their currencies.
News flash: Since June 7, 2010, the value of the U.S. dollar has fallen 17.3 percent.
If the United States gives countries a green light to designate low currency rates as an unfair trade practice, which of these trading partners (above) would be the first to impose big tariffs on U.S. exporters? (more…)