You know, we know that the, the, the pboc, the, you know, the Chinese Central bank, they, they control where that, where that currency is pretty clearly. We understand that and we know that that Countries like to weaken their currency so that it can be more export competitive vis a vis the United States. Remember, these countries are so much more than the United States and so sometimes they will weaken their currencies deliberately to try to be more competitive in our market. (09:08–09:19)
CLAIM
Asserts that countries weaken their currencies to be more competitive in the U.S. market.
This is an excerpt from a raw transcript. The assertions have not been audited or verified. Tap the video to view the source footage and understand the context.
