Trump accuses China, Europe of currency manipulation

Trump accuses China, Europe of currency manipulation

US President Trump on Wednesday accused China and Europe of deliberately weakening their currencies and stimulating their economies. Trump’s Twitter outburst came as the Commerce Department reported that the US trade deficit surged to a five-month high in May. Trump also implied that the Federal Reserve should likewise ease monetary policy or ’or continue being the dummies’.

Simone
Simone
SimonR
SimonR 6 months

or go back to the gold standard

.       .
. . 6 months

He's not necessarily wrong... Fire with fire... Though I prefer free market... That said the markets anymore are just large casinos for investors at the expense of the consumer... Only commodity markets should exist.

Andrew 1010
Andrew 1010 6 months

Ahhh no bad idea. Price inflation and unnecessary currency devaluation will result from this.

.       .
. . 6 months

He's not wrong. They do that.

SûmFigöt
SûmFigöt 6 months

Pot meet kettle.

Naidu VGA
Naidu VGA 6 months

Chinamen have always been cautious in finance matters. It was good for westerners up to a point. it's not anymore and China 'noses' it. a new playing field.

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