NYTIMES by Peter Baker --
-- JS -- Remember this IS the NYTIMES. The Times would love to say we were right all the time on issues, how to deal with the world. So our positions are right! But even for Donald Trump adjustments are made minute to minute in the fluid world.
For President Trump, the road to changing his mind on China included a discussion with corporate executives in the State Dining Room of the White House in February. When the conversation turned to China’s currency, the executives had a simple message for the president: You’re wrong.
Mr. Trump had long insisted that China was devaluing its currency and should be punished, but the executives pushed back and told him Beijing had actually stopped. And while Mr. Trump at first resisted — as late as this month calling the Chinese “world champions” of currency manipulation — after many talks like the one in February he reversed himself, declaring this week that “they’re not currency manipulators” after all.