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AFP: Trump accuses China, EU of currency manipulation, blast Fed

20 July 2018 | 16:56 | FOCUS News Agency
Picture: AFPAFP: Trump accuses China, EU of currency manipulation, blast Fed
AFP: Trump accuses China, EU of currency manipulation, blast Fed Picture: AFP
Washington. President Donald Trump on Friday attacked China and the European Union for keeping their currencies artificially low to gain a trade advantage, while again blasting the Federal Reserve for raising interest rates, AFP reported.
In a pair of tweets, Trump said "China, the European Union and others have been manipulating their currencies ... while the US is raising rates while the dollar gets stronger and stronger with each passing day."
That is "taking away our big competitive edge."
After criticizing the Fed in an interview, Trump again lambasted the central bank, saying "Tightening now hurts all that we have done."

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