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Trump backtracks on China, won't label it a currency manipulator
cnbc.com ^ | April 12, 2017 | Evelyn Cheng

Posted on 04/12/2017 1:48:16 PM PDT by Berlin_Freeper

Confirming a reversal on tough China talk, President Donald Trump told The Wall Street Journal Wednesday that he will not label the Asian country a currency manipulator in a report due this week.

"They're not currency manipulators," Trump said in the interview.

(Excerpt) Read more at cnbc.com ...


TOPICS: Foreign Affairs
KEYWORDS: chinacurrency; cnbc; currency; fakenews; moosebitsister; trump45; trumpchina
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1 posted on 04/12/2017 1:48:16 PM PDT by Berlin_Freeper
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To: Berlin_Freeper

Stand by for cancellation of the border wall next...


2 posted on 04/12/2017 1:50:17 PM PDT by linear (The truth brooks no arbiters.)
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To: Berlin_Freeper

Art of the deal?

3D chess?


3 posted on 04/12/2017 1:51:21 PM PDT by Benno van Archimboldi
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To: linear

Whine whine whine.


4 posted on 04/12/2017 1:53:39 PM PDT by Luircin (Dancing in the streets! Time to DRAIN THE SWAMP!)
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To: Benno van Archimboldi

China turned the NORK ships away and is buying its coal from the US again.

Art of the Dealeo


5 posted on 04/12/2017 1:54:00 PM PDT by Eddie01 (Is this the old loft with the paint pealng off it?)
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To: Berlin_Freeper

Huh?

Everybody knows China is a currency manipulator. They artificially devalue their currency every 2-3 years and will not allow it to float on international markets.


6 posted on 04/12/2017 1:54:48 PM PDT by Mariner (War Criminal #18)
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The important thing is that China import more U. S. goods.

However that happens, I’m fine with it.

Trump touched on two areas where there was improvement during his talks with Xi.

He mentioned North Korea, and we’ve seen the Chinese government make some important moves on that issue.

Lets give it some time and see what happens with trade.

I am amazed at the people who go ape-s... on this forum at the drop of a hat.

Patience folks. Good grief.


7 posted on 04/12/2017 1:55:26 PM PDT by DoughtyOne (NeverTrump, a movement that was revealed to be a movement. Thank heaven we flushed!)
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To: Mariner

Jeez louise. Three threads in as many minutes. First NATO. Then Ex-Im. Now THIS?!? Holy cr@p.


8 posted on 04/12/2017 1:56:14 PM PDT by mewzilla (Was Obama surveilling John Roberts? Might explain a lot.)
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To: Berlin_Freeper

See, I even couldn’t keep up with the speed he has changed his positions. What did Trump get in return from China? Lip service to sanction North Korea?


9 posted on 04/12/2017 1:57:12 PM PDT by Rebel2016
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To: Berlin_Freeper

Since unpinning several years ago, I don’t think they are now.


10 posted on 04/12/2017 1:57:14 PM PDT by bigbob
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To: DoughtyOne

DO, I ran out for mustard seeds yesterday, but at this rate, I’m gonna need a truck load more...


11 posted on 04/12/2017 1:57:37 PM PDT by mewzilla (Was Obama surveilling John Roberts? Might explain a lot.)
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To: Berlin_Freeper

Maybe the Gooks aren’t manipulating their currency anymore. How could we tell?


12 posted on 04/12/2017 1:59:24 PM PDT by central_va (I won't be reconstructed and I do not give a damn.)
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To: Luircin

Ummm, yes, I’m disappointed that the person I voted for is changing their position on items that were key to my vote. If that’s whining then so be it.


13 posted on 04/12/2017 2:00:26 PM PDT by linear (The truth brooks no arbiters.)
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To: Berlin_Freeper

I wonder if it entered Ms. Cheng’s head that this is the result of negotiations between Trump and China. The media is just relentless in their attempt to spin every single thing against him. I’m willing to give him the benefit of the doubt that some of the actions that the media screams are “backtracks” or “letting his supporters down” are part of negotiations. Give and take.


14 posted on 04/12/2017 2:01:19 PM PDT by Opinionated Blowhard ("When the people find they can vote themselves money, that will herald the end of the republic.")
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To: DoughtyOne

‘I am amazed at the people who go ape-s... on this forum at the drop of a hat.’

I’ve never seen anything like it. Soros-funded ShareBlue PAYS people to post comments like these. We’ve got consumate gloom and doomers who do it for free


15 posted on 04/12/2017 2:02:08 PM PDT by Fantasywriter (Any attempt to do forensic work using Internet artifacts is fraught owith pitfalls. JoeProbono)
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To: DoughtyOne

How much do you think David Brock pays these snowflakes?


16 posted on 04/12/2017 2:02:30 PM PDT by Luircin (Dancing in the streets! Time to DRAIN THE SWAMP!)
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To: Fantasywriter

Bet a few are Soros paid.


17 posted on 04/12/2017 2:03:10 PM PDT by Luircin (Dancing in the streets! Time to DRAIN THE SWAMP!)
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To: Benno van Archimboldi

Trump adapts to changing realities. And that’s great!


18 posted on 04/12/2017 2:06:11 PM PDT by dynoman (Objectivity is the essence of intelligence. - Marilyn vos Savant)
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To: Berlin_Freeper

The reason Trump gave is the strong dollar. In that context it makes sense.


19 posted on 04/12/2017 2:07:00 PM PDT by dynoman (Objectivity is the essence of intelligence. - Marilyn vos Savant)
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To: Mariner

Actually if you pay attention China is artificially “inflating” their currency.

Everyone who has money in China is trying to covert their money to dollars and can’t do it because the Chinese government is preventing them by restricting how much dollar they can exchange for.

Because they know if they lifted those restriction everyone in China would dump the Chinese EMB and buy the dollar, and collapse the value of the RMB.


20 posted on 04/12/2017 2:08:06 PM PDT by Truthsearcher
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