nat4900
Diamond Member
- Mar 3, 2015
- 42,021
- 5,965
Trump promised to instruct Treasury Secretary to label China a currency manipulator and to apply tariffs.
“I’m going to instruct my Treasury Secretary to label China, and I like China, they’re my tenant, they buy condos all the time, they’re just fine, but you know what, they’re a currency manipulator and we’re going to apply tariffs to any country that devalues its currency to gain an unfair advantage over the United States.” [Economic Club of New York, 9/15/16]
Treasury Secretary Steven Mnuchin said that “we’re not making any judgments” at this time when asked about labeling China a currency manipulator. Trump announced he would not follow through after all.
“I’m going to instruct my Treasury Secretary to label China, and I like China, they’re my tenant, they buy condos all the time, they’re just fine, but you know what, they’re a currency manipulator and we’re going to apply tariffs to any country that devalues its currency to gain an unfair advantage over the United States.” [Economic Club of New York, 9/15/16]
Treasury Secretary Steven Mnuchin said that “we’re not making any judgments” at this time when asked about labeling China a currency manipulator. Trump announced he would not follow through after all.