Wednesday, April 5, 2017

China


Trump reverses stances on China as currency manipulator, Ex-Im Bank
Politico
April 12, 2017

During his presidential campaign, Trump said he would designate China as a currency manipulator on the first day of his presidency to “force China to the negotiating table.” And he criticized Yellen last year precisely because she kept interest rates low, accusing her of keeping rates “artificially low” to boost the economy and help President Barack Obama.
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Casey: President Trump’s Summit with China’s President Was “All Talk, No Action” on China’s Trade Cheating
Senator Robert P.Casey, Jr. - (D - PA)
April 8, 2017

“During his summit with President Xi, President Trump failed to hold China accountable for its cheating on trade. Earlier this week, I led a letter with several Senators to President Trump identifying specific areas where China is cheating on trade and asking him to finally hold China accountable. Unfortunately, this summit was all talk and no action when it comes to China’s cheating on trade."
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U.S. SENATOR TAMMY BALDWIN CALLS ON PRESIDENT TRUMP TO HOLD CHINA ACCOUNTABLE ON TRADE DURING UPCOMING SUMMIT
Senator Tammy Baldwin - (D - WI)
April 5, 2017

“Since joining the World Trade Organization in 2001, China has consistently failed to comply with its international trade obligations. And workers across the U.S., including workers in our home states, have paid the price. You pledged to support American workers and go after trade cheaters, and we hope you take this opportunity with your first one-on-one meeting with Chinese President Xi to keep this promise to American workers and strongly affirm these priorities.”
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