"I did say I would call China, if they were, a currency manipulator, early in my tenure. And then I get there. Number one, as soon as I got elected, they stopped. They're not -- it's not going down anymore, their currency," Trump said.
Trump insisted that the Chinese currency manipulation did stop after he became the US President in January.
"They were doing it before. I mean, there was no question. I mean, they were absolute currency manipulators before," told CBS's 'Face The Nation' yesterday.
Before the US election, Trump had likened this to "raping" the US, and promised to label China a currency manipulator on his first day in office.
In an interview with the Wall Street Journal last month, Trump had said China had not been "currency manipulators" for some time and had been trying to prevent further weakening.
Trump made the comments weeks after hosting China's President Xi Jinping in Florida.
Responding to questions, Trump said that resolving the North Korean issue has taken precedence over all other issues with China, including trade and human rights.
"If I can use trade as a method to get China, because I happen to think that China does have reasonably good powers over North Korea.
Now, maybe not, you know, ultimate, but pretty good powers. Now, if China can help us with North Korea and can solve that problem that's worth making not as good a trade deal for the United States," the US president said.
Disclaimer: No Business Standard Journalist was involved in creation of this content
You’ve reached your limit of {{free_limit}} free articles this month.
Subscribe now for unlimited access.
Already subscribed? Log in
Subscribe to read the full story →
Smart Quarterly
₹900
3 Months
₹300/Month
Smart Essential
₹2,700
1 Year
₹225/Month
Super Saver
₹3,900
2 Years
₹162/Month
Renews automatically, cancel anytime
Here’s what’s included in our digital subscription plans
Exclusive premium stories online
Over 30 premium stories daily, handpicked by our editors


Complimentary Access to The New York Times
News, Games, Cooking, Audio, Wirecutter & The Athletic
Business Standard Epaper
Digital replica of our daily newspaper — with options to read, save, and share


Curated Newsletters
Insights on markets, finance, politics, tech, and more delivered to your inbox
Market Analysis & Investment Insights
In-depth market analysis & insights with access to The Smart Investor


Archives
Repository of articles and publications dating back to 1997
Ad-free Reading
Uninterrupted reading experience with no advertisements


Seamless Access Across All Devices
Access Business Standard across devices — mobile, tablet, or PC, via web or app
