NPR Talks About Manufacturing's Prospects Without Mentioning Tariff on U.S. Exports

Actually, what NPR did not mention was the value of the dollar, however an over-valued dollar has the same effect on U.S. exports as a tax on exports. In other words, if the dollar is 15 percent over-valued, this is equivalent to imposing a 15 percent tax on all the goods exported from the country, since it makes our goods roughly 15 percent more expensive to people living in other countries. Similarly, if the dollar is over-valued by 15 percent then it is equivalent to subsidizing imports...