PhotoWASHINGTON — The Treasury Department officially declined on Friday to label China a currency manipulator, breaking one of President Trump's most prominent campaign promises. The Treasury report was being awaited with great interest until Wednesday, when Mr. Trump offered a preview in an interview with The Wall Street Journal. In accepting the Republican nomination last summer, Mr. Trump called China the "greatest currency manipulators ever!"Please verify you're not a robot by clicking the box. A currency manipulator designation is largely symbolic and starts negotiations between the United States and any country determined to be manipulating its exchange rate. Mr. Trump told The Financial Times that the Chinese were "world champions" at currency manipulation.
referring to
Mr. Trump, in an interview with The Wall Street Journal, also said his administration won't label China a currency manipulator in a report due this week. WASHINGTON—President Donald Trump said Wednesday the U.S. dollar "is getting too strong" and he would prefer the Federal Reserve keep interest rates low. He left open the possibility...
Donald Trump said as much abut China last week:Mr Trump, in an interview with the Wall Street Journal, also said his administration won't label China a currency manipulator in a report later this week. The correct response to all of this is to do absolutely nothing of course, for cheaper imports make Americans richer. But cheaper imports make us richer, we get to have the import and also some other thing with the money we've saved. For years now a certain section of the public has been screaming that China and various other nations are currency manipulators. China, Japan, South Korea and Taiwan remained on a list for special monitoring of currency practices, China by virtue of a massive trade surplus with the United States.
read more visit us currency
collected by :John Miller
referring to
Trump Says Dollar 'Getting Too Strong,' Won't Label China a Currency Manipulator
Mr. Trump, in an interview with The Wall Street Journal, also said his administration won't label China a currency manipulator in a report due this week. WASHINGTON—President Donald Trump said Wednesday the U.S. dollar "is getting too strong" and he would prefer the Federal Reserve keep interest rates low. He left open the possibility...
Donald Trump said as much abut China last week:Mr Trump, in an interview with the Wall Street Journal, also said his administration won't label China a currency manipulator in a report later this week. The correct response to all of this is to do absolutely nothing of course, for cheaper imports make Americans richer. But cheaper imports make us richer, we get to have the import and also some other thing with the money we've saved. For years now a certain section of the public has been screaming that China and various other nations are currency manipulators. China, Japan, South Korea and Taiwan remained on a list for special monitoring of currency practices, China by virtue of a massive trade surplus with the United States.
read more visit us currency
collected by :John Miller