Trump spent much of the presidential campaign chastising China for currency manipulation and other actions he said hurt the U.S. economy. But in its exchange rate report to Congress last week, Treasury declined to label China a currency manipulator, saying the trade deficit with China is just business. In an interview with the Wall Street Journal last week, Trump blamed the trade imbalance with China on a too-strong dollar. Read: Pence Calls N. Korea Missile Test 'Provocation'"I am going to instruct my treasury secretary to label China a currency manipulator," he said Aug. 24. U.S. President Donald Trump Sunday apparently reversed his position on China as a currency manipulator, tweeting he wouldn't use the term as long as Beijing helps rein in North Korea.
as declared in
Asked specifically if his decision on currency was part of an agreement over North Korea, Trump responded: "We're going to see. On North Korea, Trump didn't outline any concessions China was offering apart from the coal cutoff, which was announced two months ago. In an interview with the Wall Street Journal, Trump said his administration will not label China a currency manipulator in a report due this week. "They're not currency manipulators," Trump told The Wall Street Journal earlier Wednesday, saying the country hadn't been cheating on its currency for months. The United States and China struck what appeared to be an unusual bargain Wednesday as President Donald Trump said he won't label China a currency manipulator and voiced confidence Chinese President Xi Jinping will help him deal with North Korea's mounting threat.
read more visit us currency
collected by :John Miller
as declared in
Trump Reverses On China Currency Rigging, Reappointing Yellen
Well now, without further delay, let's get to the conclusion of Money Metals president Stefan Gleason's recent interview with Alan James on Sustainable Money. Stefan Gleason: Well, first of all, I'd encourage people to get on the Money Metals Exchange email list by going to MoneyMetals.com. Coming up we'll here part two of a wonderful interview Money Metals president Stefan Gleason did with Alan James on the Sustainable Money Podcast. Believe it or not, US Postal Service has been extremely reliable when it comes to delivering precious metals. So, unfortunately precious metals are taxed under federal law at a discriminatory high twenty-eight percent long term capital gains tax rate.Asked specifically if his decision on currency was part of an agreement over North Korea, Trump responded: "We're going to see. On North Korea, Trump didn't outline any concessions China was offering apart from the coal cutoff, which was announced two months ago. In an interview with the Wall Street Journal, Trump said his administration will not label China a currency manipulator in a report due this week. "They're not currency manipulators," Trump told The Wall Street Journal earlier Wednesday, saying the country hadn't been cheating on its currency for months. The United States and China struck what appeared to be an unusual bargain Wednesday as President Donald Trump said he won't label China a currency manipulator and voiced confidence Chinese President Xi Jinping will help him deal with North Korea's mounting threat.
read more visit us currency
collected by :John Miller