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Can the U. S. stop China’s currency manipulation?

Posted on 19 May 2010

From Sandiegonewsroom.com: The U.S. Department of Commerce reported that the national trade deficit widened more than expected in February as exports rose to the highest level in 16 months. This gain was offset by a bigger jump in imports, reflecting increased demand for consumer goods from clothing to televisions.
While exports of manufactured goods increased 1.6 percent, imports increased 3.9 percent. Manufactured goods comprised 80 percent of U. S. merchandise exports in February; however, manufactured goods also accounted for 75 percent of merchandise imports……………………………………Full Article: Source

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VRS - who has written 37739 posts on Opalesque Commodities Briefing.


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