[Via: The Huffington Post]
President Donald Trump announced in a Wednesday interview with The Wall Street Journal that he would not try to label China a “currency manipulator.”
It was one of several recent about-faces on policy ― from Syria to NATO to the Federal Reserve ― hailed by mainstream political analysts as evidence that Trump is finally walking back some of the more unorthodox stances from his presidential campaign.
But some economists who agree that China is not presently depressing its currency nonetheless worry that Trump’s evolving thinking could signal a diminished appetite for tackling the broader issue of China’s currency policies and the closely related issue of its massive global trade surplus.
READ MORE -->
President Donald Trump announced in a Wednesday interview with The Wall Street Journal that he would not try to label China a “currency manipulator.”
It was one of several recent about-faces on policy ― from Syria to NATO to the Federal Reserve ― hailed by mainstream political analysts as evidence that Trump is finally walking back some of the more unorthodox stances from his presidential campaign.
But some economists who agree that China is not presently depressing its currency nonetheless worry that Trump’s evolving thinking could signal a diminished appetite for tackling the broader issue of China’s currency policies and the closely related issue of its massive global trade surplus.
READ MORE -->