GIFT a SubscriptionGift
HamberMenu
  1. Cricket
  2. Data
  3. Health
  4. Opinion
  5. SEARCH Icon
  1. Cricket
  2. Data
  3. Health
  4. Opinion
  5. SEARCH Icon

To enjoy additional benefits

GIFT a SubscriptionGift
ShowcaseCrossword+

CONNECT WITH US

Will tax Chinese goods to stop currency devaluation, says Trump

The U.S. Republican presidential said he would support a 45 percent tariff to offset devaluation.

January 15, 2016 09:54 am | Updated November 17, 2021 05:39 am IST - WASHINGTON

Reuters
Republican U.S. presidential candidate and businessman Donald Trump (C) stands between rivals Senator Marco Rubio (L) and Senator Ted Cruz (R) before the start of the Fox Business Network Republican presidential candidates debate in North Charleston, South Carolina, January 14, 2016. REUTERS/Chris Keane (TPX IMAGES OF THE DAY)

Republican U.S. presidential candidate and businessman Donald Trump (C) stands between rivals Senator Marco Rubio (L) and Senator Ted Cruz (R) before the start of the Fox Business Network Republican presidential candidates debate in North Charleston, South Carolina, January 14, 2016. REUTERS/Chris Keane (TPX IMAGES OF THE DAY)

U.S. Republican presidential hopeful Donald Trump called for higher tariffs on Chinese goods if China does not stop engaging in practices to devalue their currency.

Mr. Trump said he would support a 45 percent tariff to offset devaluation.

Mr. Trump also criticised Japan, saying the nation is engaging in similar practices and pointed to competition between American Caterpillar Inc tractors and those made by Japan's Komatsu Ltd.

"We are letting them get away with it, and we can't let them get away," Mr. Trump said.

Related stories

Related Topics

economy, business and finance / election / USA

Top News Today

0 / 0
Sign in to unlock member-only benefits!
  • Access 10 free stories every month
  • Save stories to read later
  • Access to comment on every story
  • Sign-up/manage your newsletter subscriptions with a single click
  • Get notified by email for early access to discounts & offers on our products
Sign in

Comments

Comments have to be in English, and in full sentences. They cannot be abusive or personal. Please abide by our community guidelines for posting your comments.

We have migrated to a new commenting platform. If you are already a registered user of The Hindu and logged in, you may continue to engage with our articles. If you do not have an account please register and login to post comments. Users can access their older comments by logging into their accounts on Vuukle.