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China’s Currency Manipulation is a Response to Trump’s Tariffs

Posted July 24, 2018

Under Economic Issues, International Trade Issues

(Charles Wallace – Forbes)

Many years before President Trump won the 2016 presidential election, he labeled China a country that manipulates the value of its currency to hurt the United States in trade.

“When will the US government finally classify China as a currency manipulator?” Trump tweeted in 2011. “China is robbing us blind and @BarackObama defends them.”

Like President Obama, when Trump became president, her backed down from that charge. In 2017, he told journalists that China was not a currency manipulator. But he was right back in 2011 and he’s right now.

The question is: what is the U.S. going to do about it? Click here to read more.