Politics Trump defends not calling out China on currency

16:40  16 april  2017
16:40  16 april  2017 Source:   The Hill

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Trump: Why would I call China a currency manipulator when they are working with us on North Korea? © Provided by The Hill Trump: Why would I call China a currency manipulator when they are working with us on North Korea?

President Trump on Sunday Monday questioned why he would label China a "currency manipulator" when they are working with the U.S. to deal with an increasingly aggressive North Korea.

During an interview last week, the president said he would not label China a currency manipulator, breaking from his campaign promise to do so.

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"They're not currency manipulators," Trump told the The Wall Street Journal in an interview, saying Beijing hadn't been manipulating its currency for months.

During his presidential campaign, Trump often accused China of deliberately devaluing its currency to hurt the U.S. in trade. He also blasted former President Barack Obama for declining to call China a currency manipulator.

During a meeting earlier this month with Chinese President Xi Jinping, Trump reportedly did not bring up the issue.

Trump last week also said he has "great confidence that China will properly deal with North Korea."

"If they are unable to do so, the U.S., with its allies, will! USA" the president tweeted last week.

North Korea attempted to launch a ballistic missile Sunday on its east coast but failed, U.S. and South Korean military officials said. The attempt came a day after North Korea held a military parade showing off its latest missiles, amid increased tensions in the region over its nuclear program.

Minutes after his China tweet, Trump also wished followers a happy Easter:

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