At the same time, this policy costs China as well. China has an inflation problem that is exacerbated by its artificial currency exchange rate. The exchange rate, and the position of the U.S. dollar as a global reserve currency, allows us to effectively export inflation.
A Class III hitch has a larger 2-inch receiver and draw bar, and is good for up to 7,500 pounds with a tongue weight between 350 and 600 pounds. You can use a 1-7/8-inch or 2-inch ball, but now you need to be sure you have a 1-inch shank. Class II hitch, which is identifiable by its 1-1/4-inch receiver and draw bar, is good for trailers up to 3,500 pounds with 300 pounds of tongue weight.
This not only includes a serious pickup truck and a sturdy trailer, but a hardcore hitch as well. Class I and II hitches can be used for the lightest loads with simple drawbar systems. Class III and Class IV hitches will take you up to around 10,000 pounds (just under 4,536 kilograms) of gross trailer weight and are often handy if you're hauling campers and boats. Beyond that are the Class V hitches -- gooseneck hitches included -- that can handle up to around 30,000 pounds (about 13,000 kilograms). Unlike regular hitches that extend from the back of the towing vehicle, gooseneck hitches, and the closely-related fifth wheel hitches, are anchored through the bed of a pickup truck.