Mitt Romney said that he would name China a “currency manipulator” on his first day in office, saying China is “stealing our jobs on an unfair basis.”
Mitt Romney defended his idea when asked about the potential of a trade-war in a follow-up question.
Well, they sell us about this much stuff every year. And we sell them about this much stuff every year. So it’s pretty clear who doesn’t want a trade war. And there’s one going on right now which we don’t know about. It’s a silent one and they’re winning. We have enormous trade imbalance with China and it’s worse this year than last year. And so we have to understand that we can’t just surrender and lose jobs year in and year out, we have to say to our friends in China, look, you guys are playing aggressively, but this can’t keep on going.
