The U.S. government wants China to allow its currency to increase in value in order to

Question

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Allowing the Chinese currency (Yuan) to increase in value would mean that American exports would become more affordable to Chinese buyers, which would help balance out the trade deficit between the two countries. As of now, the trade deficit with China has been a concern for the U.S. government, as it is one of the largest exporters to the U.S., but imports far more than it exports to the U.S.

The US Government Wants China to Allow Its Currency to Increase