Monday, December 5, 2016

Trump unloads on China in Twitter rant

At NYPOST by Marlsa Schultz  --

President-elect Donald Trump launched a Twitter attack on China Sunday, warning Beijing against devaluing its currency and taxing US products in order to “build a massive military complex.”
“Did China ask us if it was OK to devalue their currency (making it hard for our companies to compete), heavily tax our products going into their country (the U.S. doesn’t tax them) or to build a massive military complex in the middle of the South China Sea? I don’t think so!” Trump wrote in two consecutive tweets sent at about 5:30 p.m.

While the second part of the Trump tweet seemed to be talking about an artificial reef the Chinese have built in the South China Sea that can support a military base, it was not clear what Trump was referring to when he wrote about a possible request by China to devalue their currency.

The president-elect has accused the Chinese in the past of currency manipulation.
“China is the big abuser,” Trump said during the campaign calling Beijing and other nations “grand masters at monetary manipulation.”

More here 


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