Trump claims Fed is giving China the upper hand
President Donald Trump renewed his criticism of the Federal Reserve on May 10, saying the central bank is giving China the upper hand in the ongoing trade negotiations.
“We should be entitled to have a fair playing field, but even without a fair playing field – because our Fed is very, very disruptive to us – even without a fair playing field we are winning,” Trump told CNBC.
“[China] devalue their currency, they have for years: It’s put them at a tremendous competitive advantage. And we don’t
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