Trump didn't go after China on Day One

China's president: A cheerleader for globalization

China’s president: A cheerleader for globalization

Donald Trump pledged to get tough on China on Day One in office. It didn’t happen.

He specifically promised to call China out for being a “currency manipulator.” It’s a fancy way of saying China is cheating on trade by making its currency, the yuan, super cheap. That, in turn, makes Chinese stuff sell at a deeper discount in the U.S.

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World business news – CNNMoney.com

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