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Trump wants to label China "a currency manipulator"

Wednesday, June 29, 2016 - 01:22

During a speech on trade, presumptive Republican presidential nominee Donald Trump says ''I'm going to instruct my Treasury Secretary to label China a currency manipulator, which should have been done years ago.'' Rough Cut (no reporter narration).

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ROUGH CUT (NO REPORTER NARRATION) Presumptive Republican presidential nominee Donald Trump lays out seven steps he would pursue "to bring back our jobs," including withdrawing the U.S. from the Trans-Pacific Partnership (TPP). "I'm going to direct the Secretary of Commerce to identify every violation of trade agreements a foreign country is currently using to harm you, the American worker," said Trump during a campaign rally in Monessen, Pennsylvania on Tuesday (June 28). "I'm going to instruct my Treasury Secretary to label China a currency manipulator, which should have been done years ago," he said. The head of the largest U.S. labor union federation tried to pre-empt Donald Trump's planned speech on trade on Tuesday, saying the Republican presidential candidate was full of "empty promises" as he tried to make inroads with working-class voters. AFL-CIO President Richard Trumka - a top ally of Democratic presidential hopeful Hillary Clinton - said at a trade conference in Washington that, at Trump campaign stops in the Rust Belt states of Ohio and Pennsylvania, voters should expect to hear "crocodile tears about lost jobs and shuttered factories." Both Hillary Clinton and Trump are battling over blue-collar voters ahead of the Nov. 8 election in states such as Pennsylvania and Ohio, which Democratic President Barack Obama won twice but which have been hard-hit by manufacturing job losses. Trumka has acknowledged that Trump's populist rhetoric could appeal to Rust Belt workers.

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Trump wants to label China "a currency manipulator"

Wednesday, June 29, 2016 - 01:22