The president talked to The Wall Street Journal this week. In an interview published Wednesday, he makes some noticeable shifts on policy and talks the American dollar.
President Trump shifted from prior positions on Chinese currency manipulation, Fed Chair Janet Yellen, and the Export-Import Bank in an interview published Wednesday in the Wall Street Journal.
Here’s our breakdown of Trump’s statements to the Journal, compared to statements he made on the same subjects on the campaign trail.
Trump in June 2016, in a speech: “I am going to instruct my Treasury Secretary to label China a currency manipulator. Any country that devalues their currency in order to take advantage of the United States will be met with sharply.”
Trump on China, to The Wall Street Journal: “They’re not currency manipulators.”
Trump in September 2016, to CNBC: “I think she’s very political, and to a certain extent I think she should be ashamed of herself.”
Trump on Yellen, to The Wall Street Journal: “No, [she’s] not toast.” “I like her, I respect her.” “It’s very early.”
Trump in August 2015, to Bloomberg’s “With All Due Respect”: Ex-Im is “feather bedding” that benefits a “few companies” that can “do well without it.”
Trump on Ex-Im, to The Wall Street Journal: “It turns out that, first of all, lots of small companies are really helped, the vendor companies.” “But also, maybe more important, other countries give [assistance]. When other countries give it we lose a tremendous amount of business.”
BONUS! A (REAL) MONEY QUOTE FROM TRUMP
Trump on the dollar, to The Wall Street Journal: “I think our dollar is getting too strong, and partially that’s my fault because people have confidence in me.“
A Trump-ian quote if there ever was one.
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