Trump takes aim at China and EU over currency manipulation, rates


U.S. President Donald Trump has taken aim…
again… at China and the European Union,…
accusing them of manipulating their currencies
and keeping their interest rates abnormally
low,… but he also saved some fire for the
Federal Reserve.
Hitting out on Twitter,…
President Trump said the U.S. is losing its
competitive edge as the dollar gets stronger
and as the Fed continues to hike U.S. interest
rates.
He said it was not a level playing field.
In a TV interview,… Trump also said he’s
“not thrilled” over the Fed’s rate hikes,
breaking with more than two decades of White
House tradition avoiding comment on monetary
policy.

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