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© (c) Copyright Thomson Reuters 2017.Trump administration again declines to name China as currency manipulator
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Yubaru
Again? When was the first time? And everyone on the planet knows Trump isn't THAT stoopid, well maybe he is.
Midnight Sun Tribe
What a surprise. Another US president talks big but quickly gets in line to grovel and suckle upon the teat of the CCP.
TumbleDry
That worked well as a rethoric to get elected...
To show he is the man of his words, kind of, he will act on Switzerland only.
Switzerland is defenceless.
DT is probably hiding his cash somewhere else.
OssanAmerica
China can make anything cheaper than we can. And those other countries can make things better than we can. Trump's approach to solving this problem is pretty second grade level.
katsu78
All mouth and no trousers.
lucabrasi
@katsu78
Sad isn’t it?
But it’s “all mouth and trousers”.
A lot of people put “no”in there, but that wasn’t originally part of the saying.... : )
Wallace Fred
Obey your MASTER!!!!!!!
Blacklabel
Things have obviously changed and China's help is needed against North Korea. The article itself even admits that, but hey anything to score political points against Trump.
Jimizo
Xi gave Trump a paper and crayons class on North Korea and Trump, according his own account, was very impressed. Xi may have put a smiley face on Trump's picture.
Trump probably didn't know what a currency manipulator was. Someone told him it would make him sound tough if he said it.
bass4funk
While Chuck and Nancy were in their playpens crying shaking their rattlers That they can’t be part of the fun. Time out Dems, nap time.
Hmmmm.....The DOW hit its 50th record high since Trump’s been in office, the highest of any president and the last one left us with a $28 trillion deficit. I think it’s safe to say, Trump’s math is on point. Lol
plasticmonkey
Perhaps you could explain the specifics of how Trump caused this leap in the Dow. I mean, how does he do it?
bass4funk
Confidence in the market, confidence to business owners and corporations to want to invest, thank you, Mr. President.
takeda.shingen.1991@gmail.com
Yes, thanks Obama.
dcog9065
Although I agree NK is a much more important matter than calling out China's currency manipulation, his promise to label them as such predates the worst of the current NK crisis. If he manages to get China to reel in NK or remove Kim due to agreeing not to call them manipulators, that would in some ways vindicate him
Tokyo-Engr
@Burning Bush - as much as I dislike Trump I would tend to agree with your statement.
Jimizo
I know the stock market didn't improve under Obama over on the lunatic fringe, but in reality it did after the disaster left by the president your non-partisan historians regard as a success.
It's been on an generally upward trend for a while.
SuperLib
One silver lining, at least one that Inhad hoped for, was for Trump to go after a China,
bass4funk
How? Funny, he’s still in office somewhere??? So I guess he’s still magically adding more to the deficit, although with Dems losing 1000 legislative seats how’s that even possible? Copperfield?
Yes, a minuscule slow 1.5- 2.5% GDP over the last 8 years and the last 9 months since February when this president took office It roared off like space shuttle, 3.1% GDP! Astounding!
Let’s see how the Chinese will own up to this....
Not much hope though...
goldorak
Yeah right.
Should have read "he explained in April he believed it was better not to offend/ostracize China re currency/trade as it was more important to focus on cooperation with Beijing dealing with NK. Trump added he had grossly underestimated China's crucial role in the NK crisis and finally realised he'd made a rookie mistake during his campaign. Potus added 'lesson well learnt my friends".
Right decision though.
The US love their 'lists' don't they. Most wanted, trade watch, potential terrorist organisations etc. The who's who of world's 'baddest' is on a us list.
SuperLib
Just seems odd that Trump gives China a free pass. Same with Russia. I thought tough talk was the hallmark of a strong leader. When does it mean when the tough talk suddenly goes away for certain countries?
bass4funk
How do you know he’s not doing that behind the scenes? Just because you don’t see it doesn’t mean he’s not.
Doubt it.
Jimizo
Russia and China a bit out of Trump's league. He turned into a jelly in front of the Saudis too.
He talked a good game as a candidate though. Lots of bluster and whooping. Good fun at the time.
plasticmonkey
But of course you didn't, and can't, explain what Trump did to supposedly raise confidence.
I'll assume then that the answer is nothing.
bass4funk
And yet, every Chinese economist feel more confident that a Trump administration will get people back into Walmart shopping. Russia, different can of worms.
No, he played I perfectly, at least he didn’t go on some mindless idiotic apology tour.
And funnier watching the power of the left being sucked out of the clutches of the
Democratic empire. Lol
Blacklabel
So you have to prove why confidence is raised? If confidence had gone down you would say it was obviously because of Trump. Doesn't matter why, just matters it is up since Trump was elected and the highest in decades.
SuperLib
So show me, I'd be happy to talk a look. All I know is that he said he would brand them a currency manipulator and he hasn't.
Blacklabel
This is the somewhat new way for the media to attack. Take what they know Trump shouldn't do and make an article that says "Trump didn't do X" in the headline. Then briefly mention that he shouldn't do it, then close the article by reaffirming "but he didn't do it!!"
CNN had article yesterday complaining about what Trump DIDNT tweet.
Jimizo
@Blacklabel
I think the fact that Trump said he was going to do it does factor in to this.
He was chest-thumping like a deranged animal about getting tough on the likes of China as a candidate, and the whooping noises from the crowds seemed to indicate agreement.
Do you think they are disappointed?
ulysses
You know, I agree here. Trump and his cronies privately agree that China is a currency manipulator, but publicly they dont have the courage to say so or do anything about it.
So much for bravado!!
smithinjapan
"...even though Donald Trump repeatedly pledged during last year's presidential campaign..."
That itself sums up Trump's presidency, along with racism, sexual harassment, and other forms of bigotry as well as cronyism.
Blacklabel
No I think any reasonable person can see that the benefits of calling them out on currency manipulation at this moment are outweighed by how they can help with North Korea.
You all know good and well if he did this now people would like "Trump is so stupid! The only people who can help with NK and look what he did! He has doomed us all with his stupidity and his dog whistle for his nationalist base! What a racist to attack the poor Chinese."
bass4funk
But how do you know he’s a racist? Definitely not a bigot, loudmouth, maybe, but a bigot, that’s a stretch.
Has nothing to do with courage, before his presidency and throughout the 90’s, Trump has repeatedly called out China as a currency manipulator, but m sure he received a lot of advice to not blurt out what he’s been saying for years. He has to play it smart, brilliant move. Let the men handle things behind closed doors and let the left and the media run around with more tantrums. Kudos!
Toasted Heretic
His comments about Mexicans, Muslims, black people, his embracing and courting white nationalism, the refusal to condemn nazis and instead equate them with BLM, Birtherism, refusing to rent to black and Puerto Rican people, pardoning a racist sheriff, his stance on the Central Park Five...
https://www.huffingtonpost.com/entry/trump-racism-examples_us_5991dcabe4b09071f69b9261
Grim reading and it does surprise me that despite on numerous occasions being furnished with the details from numerous sources, you still dismiss his bigotry and prejudice.
http://www.rollingstone.com/politics/features/trumps-long-history-of-racism-w497876
http://www.chicagotribune.com/news/opinion/commentary/ct-donald-trump-racist-20171010-story.html
https://www.irishtimes.com/opinion/una-mullally-public-permission-for-trump-s-racism-founded-in-9-11-1.3216029
bass4funk
So in other words not being politically correct is now racist? Because the man doesn’t want to take a risk of letting in drug users and drug dealers and letting them squat is racist? Hmmm...takes on Carson, more women than any other president and appoints them to high position, one of his closests friends is PR, so besides baseless allegations, why all the hate?
Toasted Heretic
Apologies for typos!
ulysses
Where will Trump go then, Rose Garden?
SuperLib
At this moment? You mean less than a year ago things were fine with NK and then things suddenly changed?
He could have used the currency manipulation issue for leverage against China, a country he's accused of doing nothing to help with NK. But he didn't.
All bluster.
OssanAmerica
If so why does the USD continue to be garbage against other currencies?
Toasted Heretic
Don't all countries manipulate, in as much as they can?
Anyway, capitalism as it stands, is a bust. It results in too many casualties and if left unchecked, will result in some serious unpleasantness down the road.
Blacklabel
It makes no sense for Trump to call out china at this moment
SuperLib
I think Trump should have called them out for leverage. China, in my opinion, still isn't doing anything to move the needle on NK and they have the most influence.
As for the reporting, Trump made it one of the focal points of his campaign, then didn't follow through. Reporting that fact isn't media bias, it's reporting a change in Trump's position.
This whole notion that "things were different way back in December" is nonsense. The only difference I can see is Trump's rhetoric and NK's responses. He did that to himself.
SuperLib
Great. Then Trump said he would label China as a manipulator back when horrible things were happening with NK under Obama. Kinda blows away the thinking that Trump can't do it now because things are bad.
wtfjapan
Things have obviously changed and China's help is needed against North Korea. nothing has changed for the last 20+ years, its just that China knows that Trump needs their help in dealing with NK and they've played him like a fiddle. Trump is all hot air, when he finally has to put the big boy pants on he realizes that you cant get everything your own way, you scratch my back Ill scratch yours. Now lets watch Mexico play Trump with the drug cartels as leverage
Annairam
SuperLib
Yep, two sides. One using information from a detailed investigation, including interviews with Trump employees and secret shoppers, and the other just speculating about a conspiracy with no evidence at all.
Which side are you on?
bass4funk
Definitely Not the media’s side that lies and distorts and will do anything to bring the president down because they can’t get over themselves and their micro aggressions, that’s for sure.
SuperLib
I applaud you for stepping away from your conspiracy theory position. It's a start.
bass4funk
I never believed in conspiracy theories, I’m a conservative, I’m not Oliver Stone
nishikat
Well, I don't believe- I know that this is just one of many...many broken promises by Trump.
SuperLib
Call it something else if you like. That's not really a problem. But in the end it's good you're not here telling me the things you used to say, like everyone but Trump is lying. We can build on that.
theeastisred
Trump calling China a currency manipulator during the campaign was years out of date. They stopped that a long time ago. So he has actually blundered into a correct position, but by who knows what means. The added benefit of now having a correct position is that he will have annoyed the idiots who listened blindly to his campaign rhetoric as if it was in any way coherent or sincere. Double victory for the reasonable and honest camp!
Russell Leisenheimer
the last one left us with a $28 trillion deficit.
actually the national debt was $19.944 trillion on the day president obama left office. it was $10.677 trillion the day he was sworn in. [with the economy in freefall]
the yearly budget deficits were dropping during his second term.
math is hard, i guess
starpunk
He's just posturing. Ivanka's clothes wear is made in the Chinese gulags and daddy won't do a thing about that. Smoke and mirrors.
wtfjapan
I never believed in conspiracy theories, I’m a conservative lmfao, but fake news and facts based on a Presidents statements is perfectly fine.
wtfjapan
it was $10.677 trillion the day he was sworn in. [with the economy in freefall] yep that huge pile of poo in the GFC that Bush left Obama will do that.
bluesky.greentrees
Kuroda is manipulating the Yen.....hahaha
clamenza
Let’s see, unprecedented wealth, human rights and quality of life.
Socialism. Let’s see. Conservative estimates are it’s responsible for 100,000,000 deaths in the 20th century and the likes of Stalin, PolPot, Mao etc..
but capitalism is the bust....
Strangerland
Raw unbridled capitalism is as much a mess as raw unbridled communism or socialism.
Extremism is never good, no matter what the extreme.
The happy medium is a happy medium.
lucabrasi
@Strangerland
The happy medium is a happy medium.
Brilliantly put, Sir.
Strangerland
Heh, I have a way with words; with words is the way I have.
clamenza
Ok, examples of "extreme capitalism", please.
clamenza
also, interesting that you all but ignored the 100 million deaths by socialism in the 20th century.
As Stalin said; "Just a statistic" eh!
clamenza
crickets