{"id":3101,"date":"2018-04-17T16:56:21","date_gmt":"2018-04-17T16:56:21","guid":{"rendered":"http:\/\/noti-america.com\/site\/alemania\/?p=3101"},"modified":"2018-04-17T16:56:21","modified_gmt":"2018-04-17T16:56:21","slug":"trump-says-russia-china-playing-currency-devaluation-game","status":"publish","type":"post","link":"https:\/\/noti-america.com\/site\/principal\/2018\/04\/17\/trump-says-russia-china-playing-currency-devaluation-game\/","title":{"rendered":"Trump says Russia, China playing ‘currency devaluation game’"},"content":{"rendered":"
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WASHINGTON\/BEIJING \u00a0– U.S. President Donald Trump accused Russia and China on Monday of devaluing their currencies while the United States raises interest rates, prompting China to accuse the United States of sending confusing messages.<\/p>\n

\u201cRussia and China are playing the Currency Devaluation game as the U.S. keeps raising interest rates. Not acceptable!\u201d Trump said in a Twitter post.<\/p>\n

Speaking in Beijing on Tuesday, Foreign Ministry spokeswoman Hua Chunying noted that what Trump said seemed to contradict the U.S. Treasury\u2019s report that refrained from naming any major trading partners as currency manipulators.<\/p>\n

\u201cSo it seems like the information being released by the U.S. side is a bit chaotic,\u201d she told a daily news briefing.<\/p>\n

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RELATED COVERAGE<\/h4>\n<\/div>\n

Hua said it reminded her of a poem by the founder of modern China, Mao Zedong, about remaining calm in the midst of chaos.<\/p>\n

\u201cNo matter what others say we will continue to steadily promote the reform of the renminbi exchange rate mechanism,\u201d she added, without elaborating, using the currency\u2019s formal name.<\/p>\n

Trump\u2019s tweet referred to what he sees as unfair trading advantages: If a country\u2019s currency is artificially low, its exports are more competitive. Higher U.S. interest rates would generally increase the value of the dollar, making U.S. exports more expensive.<\/p>\n

Since Trump took office in January 2017, the dollar has weakened substantially against most currencies, including the Chinese yuan and, until the United States imposed sanctions on Russia in the last few weeks, the ruble.<\/p>\n

Against the yuan, the dollar has fallen by 8.6 percent since Jan. 20, 2017, while it has appreciated 4.5 percent against the ruble.<\/p>\n

Until the United States announced sanctions on Russian oligarchs this month, however, the dollar had weakened by nearly 4 percent against the Russian currency.<\/p>\n

That gain was entirely erased by a two-day drop of 8.4 percent in the ruble on April 9 and 10.<\/p>\n

More widely, the U.S. dollar index, which measures the greenback\u2019s value against a basket of major trading partner currencies, has declined by 11.2 percent since Trump became president.<\/p>\n

The U.S. Treasury, in a semiannual report on Friday, again refrained from naming any major trading partners as currency manipulators. The report came as the Trump administration pursues potential tariffs, negotiations and other restrictions to try to cut a massive trade deficit with China.<\/p>\n

The report did not mention Trump\u2019s recent threats to impose billions of dollars worth of tariffs on Chinese goods over Beijing\u2019s intellectual property practices, or pending Treasury restrictions on Chinese investment in the United States.<\/p>\n

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White House spokeswoman Sarah Sanders later told reporters aboard Air Force One on a trip by the president to Miami that China is on a U.S. Treasury Department watch list for being potentially labeled a currency manipulator.<\/p>\n

Source: reuters<\/p>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n","protected":false},"excerpt":{"rendered":"

WASHINGTON\/BEIJING \u00a0– U.S. President Donald Trump accused Russia and China on Monday of devaluing their currencies while the United States raises interest rates, prompting China to accuse the United States of sending confusing messages....<\/p>\n","protected":false},"author":33,"featured_media":3102,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"rop_custom_images_group":[],"rop_custom_messages_group":[],"rop_publish_now":"initial","rop_publish_now_accounts":{"facebook_10219548024599422_1632221337088128":"","twitter_242054905_242054905":""},"rop_publish_now_history":[],"rop_publish_now_status":"pending","footnotes":""},"categories":[4],"tags":[],"class_list":["post-3101","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-internacionales"],"acf":[],"yoast_head":"\nTrump says Russia, China playing 'currency devaluation game' - Noti-America.com<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/noti-america.com\/site\/principal\/2018\/04\/17\/trump-says-russia-china-playing-currency-devaluation-game\/\" \/>\n<meta property=\"og:locale\" content=\"es_ES\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Trump says Russia, China playing 'currency devaluation game'\" \/>\n<meta property=\"og:description\" content=\"WASHINGTON\/BEIJING \u00a0– U.S. President Donald Trump accused Russia and China on Monday of devaluing their currencies while the United States raises interest rates, prompting China to accuse the United States of sending confusing messages....\" \/>\n<meta property=\"og:url\" content=\"https:\/\/noti-america.com\/site\/principal\/2018\/04\/17\/trump-says-russia-china-playing-currency-devaluation-game\/\" \/>\n<meta property=\"og:site_name\" content=\"Noti-America.com\" \/>\n<meta property=\"article:published_time\" content=\"2018-04-17T16:56:21+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/noti-america.com\/site\/principal\/wp-content\/uploads\/sites\/26\/2018\/04\/trump-currency.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"1280\" \/>\n\t<meta property=\"og:image:height\" content=\"854\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Escrito por\" \/>\n\t<meta name=\"twitter:data1\" content=\"\" \/>\n\t<meta name=\"twitter:label2\" content=\"Tiempo estimado de lectura\" \/>\n\t<meta name=\"twitter:data2\" content=\"2 minutos\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\/\/noti-america.com\/site\/principal\/2018\/04\/17\/trump-says-russia-china-playing-currency-devaluation-game\/#article\",\"isPartOf\":{\"@id\":\"https:\/\/noti-america.com\/site\/principal\/2018\/04\/17\/trump-says-russia-china-playing-currency-devaluation-game\/\"},\"author\":{\"name\":\"\",\"@id\":\"\"},\"headline\":\"Trump says Russia, China playing ‘currency devaluation game’\",\"datePublished\":\"2018-04-17T16:56:21+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/noti-america.com\/site\/principal\/2018\/04\/17\/trump-says-russia-china-playing-currency-devaluation-game\/\"},\"wordCount\":470,\"commentCount\":0,\"image\":{\"@id\":\"https:\/\/noti-america.com\/site\/principal\/2018\/04\/17\/trump-says-russia-china-playing-currency-devaluation-game\/#primaryimage\"},\"thumbnailUrl\":\"https:\/\/noti-america.com\/site\/principal\/wp-content\/uploads\/sites\/26\/2018\/04\/trump-currency.jpg\",\"articleSection\":[\"Internacionales\"],\"inLanguage\":\"es\",\"potentialAction\":[{\"@type\":\"CommentAction\",\"name\":\"Comment\",\"target\":[\"https:\/\/noti-america.com\/site\/principal\/2018\/04\/17\/trump-says-russia-china-playing-currency-devaluation-game\/#respond\"]}]},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/noti-america.com\/site\/principal\/2018\/04\/17\/trump-says-russia-china-playing-currency-devaluation-game\/\",\"url\":\"https:\/\/noti-america.com\/site\/principal\/2018\/04\/17\/trump-says-russia-china-playing-currency-devaluation-game\/\",\"name\":\"Trump says Russia, China playing 'currency devaluation game' - 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