Trump takes aim at China and EU over currency manipulation, rates
- 6 years ago
U.S. President Donald Trump has taken aim... again... at China and the European Union,... accusing them of manipulating their currencies and keeping their interest rates abnormally low,... but he also saved some fire for the Federal Reserve.
Hitting out on Twitter,... President Trump said the U.S. is losing its competitive edge as the dollar gets stronger and as the Fed continues to hike U.S. interest rates.
He said it was not a level playing field.
In a TV interview,... Trump also said he's "not thrilled" over the Fed's rate hikes, breaking with more than two decades of White House tradition avoiding comment on monetary policy.
Hitting out on Twitter,... President Trump said the U.S. is losing its competitive edge as the dollar gets stronger and as the Fed continues to hike U.S. interest rates.
He said it was not a level playing field.
In a TV interview,... Trump also said he's "not thrilled" over the Fed's rate hikes, breaking with more than two decades of White House tradition avoiding comment on monetary policy.