Gus Van Horn Doesn’t Grasp ‘Dirty Float’ Cheating By Foreign Governments And Why Tariff’s On Their Thieving Products Are Needed

China engages in the “Dirty Float” of their money to make their products seem cheap when they actually cost a lot more to produce. A Dirty Float happens when China buys it’s own currency to keep the exchange rate artifically low so Americans but Chinese products even though they cost more to produce thus hurting American made producers who are unable to sell American made goods even though they cost less to produce. A tariff on Chinese goods evens the playing field a bit until China simply sells their products to another China-friendly country which then re-sells it to America whereby China gets U.S. Dollars which it then uses to buy Chinese money, a Dirty Float to atrifically undercut American prices. Trump gets it. Trump will protect American jobs by stopping China from selling in America until it corrects it’s artifically low prices which in turn allows American’s to buy American made products. Look it up for verification.

Views: 3