President Obama has formally nominated Montana Senator Max Baucus to be the next U.S. Ambassador to China. Nebraska Farmers Union President John Hansen says he’s known Baucus for a long time and wishes him well in his new position if he’s confirmed but also hates to see him leave his present job.
Hansen says China has been an important but difficult trading partner for the United States. He says they’ve pushed their own self interests at the expense of fair and open trade.
He says the U.S. need to develop a trade policy with China and other countries that manipulate their currencies because that negatively impacts trade.