Tim Ryan: “If the gentleman will yield on that point, one of the issues we've talked about today and have been for a long time is…”

“If the gentleman will yield on that point, one of the issues we've talked about today and have been for a long time is the issue of Chinese currency manipulation by the Chinese Government. And we do not have to have growth in the United States at the expense of growth in China. If the Chinese would allow their currency to float, it would actually be worth more. So the Chinese consumer would be able to have more buying power for American goods that would be shipped over there, for other companies who are selling within China. There is just a small group of people within China, who own primarily state-owned businesses, who like the currency low, artificially reduced so that they can ship products to the United States cheaper and subsidized to put American workers out of business. So what we're saying when we say make it in America and manufacture again, can actually help lift up a lot of these folks in countries like China if we play by the rules.”