Leading Republican presidential candidate Donald Trump Tuesday vowed to declare China a “currency manipulator” if elected and alleged that Beijing’s “great Wall of protectionism” uses unlawful tariff
Leading Republican presidential candidate Donald Trump Tuesday vowed to declare China a “currency manipulator” if elected and alleged that Beijing’s “great Wall of protectionism” uses unlawful tariff to keep the US companies out and to tilt the playing field in its favour.
“The worst of China’s sins is not its theft of intellectual property. It is the wanton manipulation of China’s currency, robbing Americans of billions of dollars of capital and millions of jobs,” Mr Trump wrote in an op-ed in The Wall Street Journal.
Mr Trump said on the first day of his administration, the US Treasury Department will “designate” China a currency manipulator.
“This designation will trigger a series of actions that will start the process of imposing countervailing duties on cheap Chinese imports.”
