Cracking Down On China Means Cracking Down On Mitt Romney
aljazeera.com — As a superpower, no one expects China to simply accept a list of demands handed to them by the U.S. president. Inevitably there is a negotiation process and if the U.S. gets concessions on the value of the currency, it will almost certainly come at the expense of progress on other demands.This means that if Mitt Romney or any other president were to crack down on China over its currency, not only would he be forced to first overcome the opposition of the firms that directly profit from the over-valued dollar, he would also have to overcome the objections of many powerful corporations who want their own issues with China to be given priority. Romney can certainly blame President Obama for not taking the tough stand against U.S. corporations in his first term. The question is whether there is reason to believe that Romney would be any tougher on his friends and former business partners.