China

There's this story on the net about a statement by the new Secretary of the Treasury having to do with China's manipulation of its currency so that their exports have an unfair advantage over domestic products. It's been like that for quite some time. However, this is not a good time to be making statements like that. The old rule still holds true: never negotiate from a position of weakness. "The statement, which is certain to anger the Chinese government, comes at a particularly sensitive time, with economies in both the United States and China weakening and tensions already rising around the globe over trade. The United States, moreover, is increasingly dependent on China to finance its ballooning deficit." So said the New York Times. It will get interesting, to say the least.