President Trump, “China, EU ‘Manipulating Currencies'”

President Trump, “China, EU ‘Manipulating Currencies

President Trump, “China, EU ‘Manipulating Currencies'”

President Donald Trump doubled down Friday morning on his plan to impose massive tariffs on China and the European Union, Tweeting that the United States should be on a “level playing field’’ with countries that have been “manipulating their currencies.”

Trump also zeroed in on Canada in a 3rd tweet, writing: “Farmers have been on a downward trend for 15 years. The price of soybeans has fallen 50% since 5 years before the Election. A big reason is bad (terrible) Trade Deals with other countries. They put on massive Tariffs and Barriers. Canada charges 275% on Dairy. Farmers will WIN!

Earlier, President Trump said he was willing to tax every product imported from China.

In a TV  interview President Trump said, “I’m willing to go to 500,” referring to the $505.5-B in goods imported from China in 2017.

MAGA

Have a terrific weekend.

 

 

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Paul Ebeling

Paul A. Ebeling, polymath, excels in diverse fields of knowledge. Pattern Recognition Analyst in Equities, Commodities and Foreign Exchange and author of “The Red Roadmaster’s Technical Report” on the US Major Market Indices™, a highly regarded, weekly financial market letter, he is also a philosopher, issuing insights on a wide range of subjects to a following of over 250,000 cohorts. An international audience of opinion makers, business leaders, and global organizations recognizes Ebeling as an expert.

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