Economist says Trump needs a currency crackdown in dealing with China
If the Trump administration wants to get tough on trade with China and other countries, it must take stronger action to address currency manipulation and misalignment and not just impose tariffs on Chinese goods, according to the author of a new study on the effects of trade with Beijing on U.S. manufacturing employment. “I don’t think the tariffs alone are going to solve our trade problems with China,” Robert Scott, a senior economist with the Economic Policy Institute, said in...