Donald Trump Quotes About Currency
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Mitt - what I speak to Mitt Romney about is jobs. What I speak to Mitt Romney about is China, because he's got a great view on China and how they're trying to destroy our country by taking our jobs and making our product and manipulating their currency, so that it makes it almost impossible for our companies to compete.
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You have companies over in different countries where they devalue their currency and they make it impossible for American companies to compete.
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China should have a currency which is a much higher value relative to the dollar and other things. What they're doing is keeping it low, artificially low. And I mean seriously artificial. I don't just mean a little bit low. I mean major low.
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The Chinese are the greatest that ever came about, they are the greatest currency manipulators ever.
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The Chinese are not stupid people. They're very smart people. They told me very, very distinctly that they cannot believe how stupid our representatives are in the United States. They cannot believe that they can continue to take all our jobs - you know, through the manipulation of the currency, of their currency, they make it almost impossible for our great companies to compete.
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You look at what China is doing to our country in terms of making our product. They're devaluing their currency, and there's nobody in our government to fight them. And we have a very good fight. And we have a winning fight. Because they're using our country as a piggy bank to rebuild China, and many other countries are doing the same thing.
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American products are better than the Chinese. We do a better job. We make better products. But because the currency is so low versus the dollar versus other things, and so much lower than it should be, it's very hard to compete for our companies.
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Our jobs are fleeing the country. They're going to Mexico. They're going to many other countries. You look at what China is doing to our country in terms of making our product. They're devaluing their currency, and there's nobody in our government to fight them. And we have a very good fight. And we have a winning fight. Because they're using our country as a piggy bank to rebuild China, and many other countries are doing the same thing.
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With China, their primary weapon in China is what they've done with the devaluation of their currency.
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Global cooperation - dealing with other countries, getting along with other countries - is good. It's very important. But there is no such thing as a global anthem, a global currency, or a global flag.
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Things change. There has to be flexibility. Let me give you an example. President Xi, we have a, like, a really great relationship. For me to call him a currency manipulator and then say, “By the way, I'd like you to solve the North Korean problem,” doesn't work. So you have to have a certain flexibility, Number One. Number Two, from the time I took office till now, you know, it's a very exact thing. It's not like generalities.
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I would tell China that if you don't straighten out your manipulation of the currency - and I mean fast; I mean really fast - we are going to tax your products 25%.
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It's not like I'm anti-China. I just think it's ridiculous that we allow them to do what they're doing to this country, with the manipulation of the currency, that you write about and understand, and all of the other things that they do.
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There is no global anthem, no global currency, no certificate of global citizenship. We pledge allegiance to one flag, and that flag is the American flag.
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We're going to stand up to China, we're going to stop their currency manipulation and product dumping, which is killing us.
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America doesn't make product anymore. You have other countries devalue their currencies. They make it impossible.
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