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Exclusive: Trump calls Chinese 'grand champions' of currency manipulation

From Reuters, by Steve Holland and David Lawder

WASHINGTON – President Donald Trump declared China the “grand champions” of currency manipulation on Thursday, just hours after his new Treasury secretary pledged a more methodical approach to analyzing Beijing’s foreign exchange practices. 88 more words

Economy

Exclusive: Trump calls Chinese 'grand champions' of currency manipulation

By Steve Holland and David Lawder | WASHINGTON Thu Feb 23, 2017 | 6:55pm EST

President Donald Trump declared China the “grand champions” of currency manipulation on Thursday, just hours after his new Treasury secretary pledged a more methodical approach to analyzing Beijing’s foreign exchange practices. 507 more words

When China offers itself as a champion of globalization, as it did recently before the good and the great gather at Davos, reality must intrude.  There are, of course, aspects of globalization that China treasures. 

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A Tutorial for Judy Shelton on the ABCs of Currency Manipulation

Currency manipulation has become a favorite bugbear of critics of both monetary policy and trade policy. Some claim that countries depress their exchange rates to give their exporters an unfair advantage in foreign markets and to insulate their domestic producers from foreign competition. 1,889 more words

Currency Manipulation

Japan PM Abe Says President Trump Agrees Tokyo Is Not a Currency Manipulator

Japanese Prime Minister Shinzo Abe said on Wednesday U.S. President Donald Trump shared his view at last week’s summit that Japan’s monetary policy was not currency manipulation but was intended to end deflation. 350 more words

Leadership

Trump Wants Mutual Satisfaction in US Relations with Others

Those who do not understand that Trump is a shrewd businessman believe that Trump will take aim at China to prevent it from becoming a rival to the US for world leadership. 544 more words

Donald Trump's Top Trade Adviser Just Slammed Germany

What’s the German for “currency manipulator”?

President Donald Trump’s top trade adviser accused Germany of using an artificially cheap euro to gain an unfair advantage in world trade over the U.S. 640 more words

Leadership