Donald Trump Accuses China of ‘Currency Manipulation,' Branding Beijing as ‘Worst Abuser'
ALVIN MUNENE | | Aug 25, 2016 01:22 PM EDT |
(Photo : Getty images) Trump has accused China of being a "currency manipulator."
In a recent speech at Tampa, Florida, US Republican Presidential aspirant Donald Trump branded China as a "currency manipulator" and "worst abuser." In his address, the politician said that if elected, he would work to ensure that all countries working against trade agreements, among them China, would face serious repercussions.
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Trump guaranteed that if elected he would direct the Secretary of Commerce to identify every violation that is being used to harm American employees.
"China is the worst abuser," He said. "They have no respect for our country. They have no respect for our leadership. And we don't blame them. We want to put ourselves in that position very soon. You watch. And they will like us better than they do now."
Trump pointed out that an illegal military stronghold was being created in the middle of South China.
"They build and build and build, and they didn't get environmental impact statements when they decided to rip up the sea," he said. "I don't even think our politicians' even know what's going on."
Trump said that he would order his Treasury Secretary to brand China as the greatest "currency manipulator" when elected.
"Any country that devalues their currency in order to take advantage of the US and all of its companies who can't compete will face tariffs and taxes to stop cheating," he said. "China's unfair subsidy and her behavior are prohibited by the terms of its entrance in the WTO, and I intend to enforce our rules. That's all. Very simple."
"I want us to be on the winning side. We will be on the w inning side if you elect me on November 8. I promise. I will then direct all appropriate agencies to use every tool under American and International law to end the abuses," he concluded.
Tagsdonald trump, china, WTO, USA
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