I just don't get it. China exports cheap products and to a large extent the US is the recepient of these goods. Yet China doesn't have a free floating currency and it essentially manipulates it to ensure a weaker yuan and more money from exports. Meanwhile the US soaks up the "artificially cheap" products to the detriment of it's local producers and local jobs. If the US were to say no thank you to Chinese imports, at some degree, I see it hurting the Chinese a lot and might end up being benifical to the US economy and eventually the deficit. My question is, given all of this, why doesn't the US have China under it's thumb?