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Trump administration drops labelling China as a currency manipulator

Trump administration drops labelling China as a currency manipulator

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6 comments

  1. Sure, now that his daughter has several patents approved, and most likely some other as yet undisclosed favorable deals. Corruption in the highest office in the US.

  2. Trump folds again. No suprise here.

    This dude gets trampled by everyone, lmao. The US has never been this pathetic.

  3. Mind you, certain NATO allies are still “adversaries” and “foes”.

  4. Soft on China; bad for America.

  5. This is the best tl;dr I could make, [original](https://www.theguardian.com/world/2020/jan/13/trump-drop-labeling-china-currency-manipulator-report) reduced by 67%. (I’m a bot)
    *****
    > The Trump administration has withdrawn its designation of China as currency manipulator, as the two economic superpowers move closer to a trade deal.

    > Last month, the US and China agreed to a partial trade deal with Beijing pledging to purchase up to $200bn of American products over the next two years, including agricultural goods from the US's hard-hit farmers.

    > Donald Trump has long argued that China undervalues its currency in order to game international trade, charging the country was perpetrating one of the "Greatest thefts in the history of the world".

    *****
    [**Extended Summary**](http://np.reddit.com/r/autotldr/comments/eojtxp/trump_administration_drops_labelling_china_as_a/) | [FAQ](http://np.reddit.com/r/autotldr/comments/31b9fm/faq_autotldr_bot/ “Version 2.02, ~458237 tl;drs so far.”) | [Feedback](http://np.reddit.com/message/compose?to=%23autotldr “PM’s and comments are monitored, constructive feedback is welcome.”) | *Top* *keywords*: **trade**^#1 **China**^#2 **currency**^#3 **two**^#4 **Beijing**^#5

  6. because it was wrong to being with

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