The US dollar is grossly overvalued. It could not improve
non-competitiveness in manufacturing without devaluing the dollar.

"Economics > US Trade Deficit by Country 2024

Import Export US Trade Balance Total Trade
China $270.4B $401.4B $131B $-270.4B $532.4B
Mexico $157.2B $466.6B $309.4B $-157.2B $776B
Vietnam $113.1B $124.8B $11.7B $-113.1B $136.5B
Ireland $80.5B $95.8B $15.3B $-80.5B $111.1B
Germany $76.4B $146.7B $70.3B $-76.4B $217.1B
Taiwan $67.4B $106.2B $38.7B $-67.4B $144.9B
Japan $62.6B $135.8B $73.2B $-62.6B $208.9B
SouthKo $60.2B $120.5B $60.3B $-60.2B $180.8B
Canada $54.8B $377.2B $322.4B $-54.8B $699.6B
Thailand$41.5B $57.7B $16.2B $-41.5B $73.9B
India $41.5B $80.1B $38.6B $-41.5B $118.8B
Italy $39.7B $69.9B $30.2B $-39.7B $100.1B
Switzerl$25.5B $49.2B $23.8B $-25.5B $73B
Malaysia$22.1B $47.7B $25.5B $-22.1B $73.2B
Indonesia$16.4B $25.6B $9.2B $-16.4B $34.8B
France $15.1B $55B $39.9B $-15.1B $95B
Austria $11.8B $16B $4.2B $-11.8B $20.2B
Cambodia$11.4B $11.7B $294.6M $-11.4B $12B
Sweden $8.8B $16.5B $7.7B $-8.8B $24.3B
Hungary $8.3B $11.2B $3B $-8.3B $14.2B..."

--- SoupGate-Win32 v1.05
* Origin: fsxNet Usenet Gateway (21:1/5)

ltlee1@hotmail.com (ltlee1) wrote:

The US dollar is grossly overvalued. It could not improve
non-competitiveness in manufacturing without devaluing the dollar.

"Economics > US Trade Deficit by Country 2024

Import Export US Trade Balance Total Trade
China $270.4B $401.4B $131B $-270.4B $532.4B
Mexico $157.2B $466.6B $309.4B $-157.2B $776B
Vietnam $113.1B $124.8B $11.7B $-113.1B $136.5B
[…]

Is it a problem *for PRC* ?

--
A. Filip
| "The chain which can be yanked is not the eternal chain."
| (G. Fitch)

--- SoupGate-Win32 v1.05
* Origin: fsxNet Usenet Gateway (21:1/5)

Is a competitive America a problem for the PRC and/or the world?
Not at all.

Rather, a non-competitive and rapidly declining America is a threat to
China as well as the world.

--- SoupGate-Win32 v1.05
* Origin: fsxNet Usenet Gateway (21:1/5)