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China gained a preferential trade partner status with the US in 2001 and since then, the US had to close 50000 production units and has lost more than four mill
>> you and senator dorgan introduced this and that's how he got with you, the great senator from ohio. you held a hearing on it today, the manipulation of currency. what can we do to turn this around seeing we borrow money from them and we owe them a ton of dough? >> we owe them a ton of dough. the relationship is important to them. we have been china's biggest customer for more than a decade since china passed something called permanent normal trade relation. we're their biggest customer and we bought about a third of their exports in the last ten years. what worries me the most, we talk abou...