Trump Accuses China, EU Of Currency Manipulation, Blasts US Central Bank • Channels Television

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President Donald Trump on Friday launched a fresh attack on American trading partners, saying the EU and China were manipulating their currencies as he took another swipe at the US central bank.

The remarks on Twitter early in the day followed a CNBC interview in which Trump said he was willing to hit all Chinese imports to the United States with tariffs.

The harsh comments took fresh aim at pillars of the international economic system and compounded Trump’s break with long-established norms by again openly rebuking the Federal Reserve.

They also signaled an undiminished appetite for battle on multiple fronts after a week dominated by coverage of the fallout from his dealings with Russian President Vladimir Putin.

In a pair of tweets, Trump said China, the European Union and others had been “manipulating their currencies and interest rates lower” while the dollar gained in strength, eroding “our big competitive edge.”

He said the Fed’s course of tightening monetary…



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