From: Ad 

Geo. wrote:
> "Ad"  wrote in message
> news:462708a9{at}w3.nls.net...
>
>>> This is required least we want China to take our entire manufacturing
>>> base..
>
>> I'll bet the renminbi is tracking the dollar.
>
> What we really should be doing here, given that the chinese economy is
> starting to overheat, is we should just slap a large import duty on
> chinese goods and claim it's to help regulate the chinese economy. That
> way we get the extra money from the correction instead of them
> increasing the value of thier currency (or us decreasing ours).
>
> To me this makes far more sense but hey.. I don't get to run the country
> this week.
>
> Geo.

A) the same thing would happen in reverse all over the place. Lot's of
countries would slam duties onto imports from the US claiming you're using
"currency dumping"

B) The WTO would go after you with a spiky buttplug.


Adam

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