Views: 123|Replies: 1

Trump: China NOT Currency manipulator [Copy link] 中文

Rank: 8Rank: 8

Post time 2017-4-14 10:04:49 |Display all floors
President Trump is learning on the job about a whole lot of things, including about economics.

On the campaign trail, Trump said a lot of untruthful things about China, including the believe that China was a "currency manipulator" and how he was going to punish China with a 45% import tax. He was misinformed.

A lot of American corporate executives are now explaining things in simple terms to him so that he can understand, and this is something they told him:
  1. [b][font=Tahoma][size=2]For Trump, a Steep Learning Curve Leads to Policy Reversals[/size][/font][/b][color=rgb(51, 51, 51)][p=17, null, left][font=Tahoma][size=2]By [color=rgb(0, 0, 0)][url=https://www.nytimes.com/by/peter-baker]PETER BAKER[/url][/color]APRIL 13, 2017[/size][/font][/p][color=rgb(50, 104, 145)][url=https://www.nytimes.com/2017/04/13/us/politics/donald-trump-policy-reversals.html?hp&action=click&pgtype=Homepage&clickSource=story-heading&module=first-column-region&region=top-news&WT.nav=top-news#story-continues-1][font=Tahoma][size=2]Continue reading the main story[/size][/font][/url][/color][font=Tahoma][size=2]Share This Page[/size][/font][list]
  2. [*][color=#326891][url=][font=Tahoma][size=2]Share[/size][/font][/url][/color]
  3. [*][color=#326891][url=][font=Tahoma][size=2]Tweet[/size][/font][/url][/color]
  4. [*][color=#326891][url=][font=Tahoma][size=2]Email[/size][/font][/url][/color]
  5. [*][color=#326891][url=][font=Tahoma][size=2]More[/size][/font][/url][/color]
  6. [*][color=#326891][url=][/url][/color]
  7. [/list]

  8. [/color]

  9. [align=left][color=rgb(51, 51, 51)][font=Tahoma][size=2]WASHINGTON — For [color=#326891][url=https://www.nytimes.com/topic/person/donald-trump]President Trump[/url][/color], the road to changing his mind on [color=#326891][url=https://www.nytimes.com/topic/destination/china]China[/url][/color] included a discussion with corporate executives in the State Dining Room of the White House in February. When the conversation turned to China’s currency, t[b]he executives had a simple message for the president: You’re wrong.[/b][/size][/font][/color][/align][align=left][color=rgb(51, 51, 51)][font=Tahoma][size=2]Mr. Trump had long insisted that China was devaluing its currency and should be punished, but the executives pushed back and told him Beijing had actually stopped. And while Mr. Trump at first resisted — as late as this month calling the Chinese [color=#326891][url=https://www.ft.com/content/9ae777ea-17ac-11e7-a53d-df09f373be87]“world champions”[/url][/color] of currency manipulation — after many talks like the one in February he reversed himself, declaring this week that [color=#326891][url=https://www.wsj.com/articles/trump-says-dollar-getting-too-strong-wont-label-china-currency-manipulator-1492024312]“they’re not currency manipulators”[/url][/color] after all.[/size][/font][/color][/align]
Copy code

Let the dice fly high

Use magic tools Report

Rank: 8Rank: 8

Post time 2017-4-14 13:37:24 |Display all floors
Posting again without the HTML tags.

Trump also learned that his buddy "utty Put" Putin is not a friend at all and Americans need health care and those are complicated policies. After speaking with President Xi, Trump figured out all by himself that making war on North Korea is not as easy as he had imagined...

The article is from NYTimes

POLITICS

For Trump, a Steep Learning Curve Leads to Policy Reversals

By PETER BAKERAPRIL 13, 2017
WASHINGTON — For President Trump, the road to changing his mind on China included a discussion with corporate executives in the State Dining Room of the White House in February. When the conversation turned to China’s currency, the executives had a simple message for the president: You’re wrong.

Mr. Trump had long insisted that China was devaluing its currency and should be punished, but the executives pushed back and told him Beijing had actually stopped. And while Mr. Trump at first resisted — as late as this month calling the Chinese “world champions” of currency manipulation — after many talks like the one in February he reversed himself, declaring this week that “they’re not currency manipulators” after all.

For any new occupant of the White House, the early months are like a graduate seminar in policy crammed into every half-hour meeting. What made sense on the campaign trail may have little bearing on reality in the Oval Office, and the education of a president can be rocky even for former governors or senators. For Mr. Trump, the first president in American history never to have served in government or the military, the learning curve is especially steep.

The past week has made that abundantly clear. He discovered that President Vladimir V. Putin of Russia may not be the “best friend” he imagined and that staying out of the civil war in Syria was harder than he assumed. He acknowledged that 10 minutes of listening to China’s president made him realize he did not fully understand the complexity of North Korea. He dropped his opposition to the Export-Import Bank after learning more about it. And he said he no longer thought NATO was “obsolete.”


Let the dice fly high

Use magic tools Report

You can't reply post until you log in Log in | register

BACK TO THE TOP
Contact us:Tel: (86)010-84883548, Email: blog@chinadaily.com.cn
Blog announcement:| We reserve the right, and you authorize us, to use content, including words, photos and videos, which you provide to our blog
platform, for non-profit purposes on China Daily media, comprising newspaper, website, iPad and other social media accounts.