Donald Trump slams China as currency, trade manipulator, enters South China Sea debate

[mobeau69]

Source: CNBC

Donald Trump has lashed out again at China, accusing Beijing of manipulating its currency, unfairly taxing U.S. products and militarizing the South China Sea.

Read more: http://www.cnbc.com/2016/12/04/donald-trump-slams-china-as-currency-trade-manipulator-enters-south-china-sea-debate.html

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Hair Fuhrer's at it again.

[Grimelle]

1. Dear Lord

Make him stop!
Or better yet...keep tweeting Trumpanzee.

[cstanleytech]

2. At this point the only thing that will stop him is either a major upheaval in

the voting results or the electoral college doing its job of keeping an unfit person like Trump out of office and voting for Hillary instead and I wouldnt be willing to wager on either of those two happening.

[rpannier]

17. Who in the political landscape is less fit to be President?

I think about that and can't come up with anyone
Non-political is Alex Jones and Sean Hannity

[grantcart]

12. Jesus Christ on a Cracker

This will be the first time a war is started with a tweet.

[gordianot]

3. Not exactly again, screwing with China is in a unique class to itself.

China actually has set up their own populist version of not backing down in the South China Sea. China has a history of aggressive behavior now they are facing an ignorant player who has not the slightest concept of the risks and consequences of trash talk tweeted on the toilet.

[mobeau69]

4. I'll bet that these latest tweets by the moron

are just a lame attempt to appear knowledgeable about some issues in the region in an effort to downplay his total ignorance that was on full display with his Taiwan telephone fiasco.

Keep it up Donnie. We're well on our way to a full blown confrontation.

[gordianot]

14. I waited for the South China Sea mess to come up in the debates.

Of course no mention. Plenty references to grabbing body parts but not shipping lanes. This is not some board room where participants lose money in a competition. Trump the capitalist needs to find out how markets react to a shooting war even if mutual assured destruction is avoided.

[C Moon]

5. This god damned freak wants WWIII. War will give him the popularity his fetid soul feeds on.

The only other thing I can think of, is that he wants the electorates to chose someone else--that's doubtful, though.

[Stonepounder]

6. You mean him and the five survivors left after the Nuclear Holocaust? (re:WWIII)

[C Moon]

8. True.

[rpannier]

18. He and the Republicans in congress are decorating the bunker now

Everyone else... too bad

[haele]

27. No, his cabinet is filled with end-timers. They are encouraging him.

They want the end of the world, because they think that means they'll be part of the 144K "saved" sitting at the right hand of their teeny, weeny god of their teeny, weeny head space while the billions of rest of the world's population are supposedly judged and sent into hell. They also think they'll avoid the worse of it as they watch the rest of us suffering.

Sadly, they're seriously mistaken, and if there is a god of the entire universe that judges souls, they'll find out that their particular mix of small-minded fear-based, sociopathic belief system is both blasphemous and anathema to any being that would encompasses the entire world throughout time.

They're selfish parasites attempting to pretend they're Gods. If blasphemy was truly a special sin, they're guilty of it. Unfortunately, they're dragging the rest of us down with them.

Haele

[George II]

7. Maybe he's trying to get a better rate on that $950 MILLION loan they gave him?

[leftofcool]

9. Or lose us Boeing, soy bean exports, Apple products etc............

[wordpix]

28. what is that for?

[George II]

32. It's debt on a Manhattan office building that Trump owns. Actually...

....earlier this year it was reported that the debt was all to the Bank of China, now it seems only $650 million of it is owed to them, a big part of the remaining $300 million is to Goldman Sachs.

Since he has refused to release his tax returns and his financial disclosures have been vague at best, financial experts can only estimate what those numbers really are.

[McCamy Taylor]

10. At last! It's all about the South China Sea oil!

[Old Crow]

11. Here we go.

He isn't even in office yet, and already he's exhibiting reckless behavior. Major conflicts with someone like this at the helm are inevitable. Buckle your seatbelts everyone.

[rpannier]

19. He's relying on three things

1. Obama is still president so nothing stupid will happen
2. His supporters will feel all emboldened and correct in voting for John Wayne Gacy
3. The Chinese are more statesmanlike than he is

[Cicada]

13. China has been doing the opposite of what Trump says.

China has bought its currency on the markets this past year. That is exactly the opposite of what Trump claims. They ARE manipulating their currency in actions which make their goods cost more in the US and which make US goods cheaper in China.

Trump is a clown.

[muriel_volestrangler]

21. You're right: "Donald Trump is (still) wrong about how Chinas currency works"

But the “devaluing” he referred to happened about two decades ago. Through out the late 1990s and most of the 2000s, China did indeed prevent the yuan’s value from rising against the dollar so as to make its exports cheaper. But since around 2007 the yuan has strengthened sharply, and in May 2015 the International Monetary Fund said the currency was no longer undervalued.

Trump isn’t just wrong about what Beijing is doing, he’s wrong about the impact it might have. This year, even though the yuan depreciated against the dollar, Chinese exports have not picked up thanks to the weak global economy. “It has become less effective and unnecessary for Beijing to use a cheaper yuan to boost exports,” noted Shuli Ren of Barron’s recently, because “the pie is getting smaller and competitive easing can only get you so far.”

Recently, with China’s foreign currency reserves falling to the lowest since 2011, the Chinese central bank are believed to have sold the dollar to ease yuan’s decline, in an attempt to curb record capital outflows— doing exactly the opposite of what Trump claims.

http://qz.com/852787/no-matter-what-he-says-on-twitter-donald-trump-is-still-wrong-about-how-chinas-currency-works/

Trump has no idea how this works, or what is going on in the world. But he heard ages ago that China keeps its currency lower than market rates, so that's what he says. He's still campaigning with whatever bullshit will get him cheers at a rally.

[JHan]

26. Yep. Chinese investors are catching hell because of the artificial controls to avoid depreciation.

As you said..

"Trump is a clown"

but he knows what tricks to entertain the crowds with as a clown. Antagonism towards China fits right in with his xenophobic crap.

[Dan]

15. Poor Donald

He apparently didn't pay any attention in the political science class - which said:

Domestic politics can result in your not getting elected or re-elected.

Foreign politics can get you killed.

[wordpix]

31. He also didn't pay attn in history, science or English classes re: citing sources

Most of what Don says is untrue, complete BS. But his minions believe anything

[Kablooie]

16. China must realize that our president elect is mentally deficient.

Even if Trump takes these positions, to blast it all out to the whole world this way without any consultation with the Chinese or American diplomats that are involved with the situation is too bizarre to imagine.

It is a major insult. Sooner or later the Chinese will have to do something, if for no other reason than to save face, a major factor in Asian societies. It will be considered shameful to just sit by and let him tear them down publically like this.

What will their response be I wonder?
I doubt it will be something that we enjoy very much.

[mahina]

20. All I hear when he's speaking is

I strongly advise translators to use this in their Trump to English translation manual. It will save millions in bullets.

[Internationalist]

22. This feels surreal.

Who knows what we are venturing into? He may start a completely unnecessary war out of this.

[Achilleaze]

23. This bloviated assclown is the best the GOP has to offer?

[Bad Dog]

24. Good.

This is a conflict Europe can stay out of.

[Initech]

25. Great, Donald Trump is going to start WWIII if we're not careful.

[wordpix]

29. everyone of military service age needs to do this:

Contact your congress people and tell them hell no, you won't go UNLESS 1) Children of Congress, cabinet and president are ALL to be drafted along with "commoner" children; 2) Congress votes to declare war, in public, after sufficient and complete Congressional debate.

That ought to slow down the war mongering.

[wordpix]

30. "massive military complex in the middle of the South China Sea" ---what an exaggeration!

I am no expert on this area but have done some reading/research about this issue recently for a college course. So far, China does NOT have a massive complex so described but is constructing air strips, buildings, radar installations and road strips on some of its "islands"---these are actually rocks or coral reefs that are enlarged to "islands." It appear that China possibly has plans for a massive military complex but is not there yet.

Also, China may not get there b/c one big typhoon could blow away any complex they might build on manmade islands.