Trump delays on currency manipulation action

Donald Trump has a reputation for doing as president what he said he’d do when he was a candidate, but there’s one promise he has conspicuously dropped.  [Evelyn Cheng| February 15, 2017 |CNBC] Trump during the campaign called China “the single greatest currency manipulator that’s ever been on this planet,” and said he would make labeling China a…

COOL FIGHT SHIFTS BACK TO THE HEARTLAND

Emboldened by Trump’s pledge to “buy American,” cattle ranchers across the country are trying to re-stoke the fires around country-of-origin labeling, lobbying for state legislation to take the place of defeated federal rules, reports Brent Griffiths for Pro Agriculture. The latest legislative effort is South Dakota Senate Bill 135 , a measure supported by the state’s Stockgrowers…

Currency Manipulation Is a Real Problem

Passionate defenders of the “global rules-based trading system” should be wary of thinking their views are more informed than President Trump’s. He has been branded a protectionist and thus many conclude he is incapable of exercising world leadership. Meanwhile, those who embrace the virtues of global free trade disregard the fact that the “rules” are…

Trump administration’s plan on currency manipulation

WASHINGTON—The White House is exploring a new tactic to discourage China from undervaluing its currency to boost exports, part of an evolving Trump administration strategy to challenge the practices of the U.S.’s largest trading partner while stepping back from direct confrontation. [Bob Davis| February 13, 2017 |Wall Street Journal] Under the plan, the commerce secretary…