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Great news for US manufacturers looking to export goods abroad
MAGA
Make Obama/Clinton supporters get a job again, instead of demanding a handout from hard working, productive, tax paying Americans.
Not so good.
If it took $1.00 to make it, and it only returns 90¢ abroad now, then the product will have to go up to $1.10 in price to return the same amount of money it did before. Thus making the product less competitive against the Euro.
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