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Mon Apr 16, 2018, 09:46 AM

Trump hits China for currency devaluation, countering Treasury report

Source: The Hill



BY SYLVAN LANE - 04/16/18 09:26 AM EDT

President Trump on Monday criticized China for devaluing its currency days after the Treasury Department said Beijing was not manipulating the value of its money.

Trump said on Twitter that both China and Russia ďare playing the Currency Devaluation game as the U.S. keeps raising interest rates. "Not acceptable!," the president tweeted.

Trumpís comments came three days after the Treasury Department declined to label China a currency manipulator despite the presidentís repeated campaign promises to do so.

Treasuryís twice-yearly report on foreign currency exchange, released Friday, rebuked China for not doing enough to balance its trade surplus with the U.S. But Treasury did not find that China was devaluing its currency, called the renminbi.

Read more: http://thehill.com/policy/finance/383326-trump-hits-china-for-currency-devaluation-countering-treasury-report

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Reply Trump hits China for currency devaluation, countering Treasury report (Original post)
DonViejo Apr 16 OP
NewJeffCT Apr 16 #1
BumRushDaShow Apr 16 #2
Trust Buster Apr 16 #3
vkkv Apr 16 #5
vkkv Apr 16 #4

Response to DonViejo (Original post)

Mon Apr 16, 2018, 09:49 AM

1. get a brain moran!

Chinese currency has been going UP against the US dollar since you took off - your moronic policies are weakening the dollar.

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Response to DonViejo (Original post)

Mon Apr 16, 2018, 09:53 AM

2. Classic projection. nt

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Response to DonViejo (Original post)

Mon Apr 16, 2018, 10:01 AM

3. The story is his beginning to politicize the Federal Reserve.

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Response to Trust Buster (Reply #3)

Mon Apr 16, 2018, 11:07 AM

5. Either way won't Make America Great Again..

 

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Response to DonViejo (Original post)

Mon Apr 16, 2018, 11:06 AM

4. NOT FIT FOR POTUS.. Not fit to pet sit..

 

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