Ending the manipulation would reduce the trade deficit by as much as $500 billion in 3 years, increase annual GDP by between $300 and $700 billion, and create 2.3 to 5.8 million new jobs.
Chuck Schumer: “Ending the manipulation would reduce the trade deficit by as much as $500 billion in 3 years, increase annual GDP by…”
Editor's note · Context
Schumer outlines the economic benefits of addressing currency manipulation.
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