4 ms·
> So Trump is the manipulator, not China? "currency manipulator" is a legal designation, not just an insult. It has 3 requirements (someone linked to the Wiki
by thephyber 7y ago
> So Trump is the manipulator, not China?
"currency manipulator" is a legal designation, not just an insult. It has 3 requirements (someone linked to the Wiki in another thread).
I'm pretty sure Trump wants to weaken the USD to increase US manufacturing and make our exports more competitive with the world, but I don't see that he has a plan to do it. He seems to be grabbing for any kind of leverage he can get to bully other economies into making promises to increase their imports of US exports.
It's just giving false hope to US industries which no longer have a competitive advantage in the world market... long enough to last through the next presidential election.
- NTDF9 7y ago> It's just giving false hope to US industries which no longer have a competitive advantage in the world market... long enough to last through the next presidential election. I can see that. He doesn't care what really happens in the world as long as he can win the election.