Drudge Retort: The Other Side of the News
Tuesday, January 14, 2020

The US has reversed its decision to brand China a currency manipulator as the two countries prepare to wind down their trade war. The US said it made the change because China had agreed to refrain from devaluing its currency to make its own goods cheaper for foreign buyers.

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Another Trump #win

#1 | Posted by SheepleSchism at 2020-01-13 10:34 PM | Reply | Funny: 1

I have posted this before, but this is a huge win for Trump. China's economy is cratering right now - they need to jumpstart exports or they are facing a total collapse because of their giant debt bubble. Trump came at the worse possible time for them. First, he puts on the tariffs - then by branding them a currency manipulator - stops them from being able to devalue their currency to offset the bite of the tariffs. Genius move and perfectly played - and the US is reaping the economic benefit. Liberals hate America - but even they have to realize that China's plan to stave off bankruptcy is stealing more US manufacturing jobs.

#2 | Posted by iragoldberg at 2020-01-14 12:44 AM | Reply

"First, he puts on the tariffs - then by branding them a currency manipulator - stops them from being able to devalue their currency to offset the bite of the tariffs. Genius move and perfectly played - and the US is reaping the economic benefit."

Someone please tell our farmers.

#3 | Posted by danni at 2020-01-14 10:21 AM | Reply

"First, he puts on the tariffs - then by branding them a currency manipulator - stops them from being able to devalue their currency to offset the bite of the tariffs."

Did you even read the summary of the article?

#4 | Posted by danni at 2020-01-14 01:55 PM | Reply

Did you even read the summary of the article?

The better question is, did you even comprehend it?

#5 | Posted by Rightocenter at 2020-01-14 03:00 PM | Reply

So he received a "promise" they wouldn't do it? Pinkie swear or what? China is and has been a currency manipulator for decades.

#6 | Posted by GalaxiePete at 2020-01-14 04:44 PM | Reply

Trump caved again.

#7 | Posted by bored at 2020-01-14 06:00 PM | Reply

Trump will now be doing the rounds of the world's dictators making concessions so as to smooth the waters ahead of the 2020 elections. He really doesn't give a damn what the long term consequences are since his ONLY concern is getting reelected. For all he cares, the world can go to hell on January 21st, 2021. If things go completely to hell, he'll simply resign and walk away from it all.

OCU

#8 | Posted by OCUser at 2020-01-15 01:57 AM | Reply

#6 | POSTED BY GALAXIEPETE

You don't think a pinkie swear is binding in international law? RoC does.

#9 | Posted by gtbritishskull at 2020-01-15 06:21 PM | Reply

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