President Trump gave an interview to the Wall Street Journal today. It appears that he has given up his nationalist-populist tendencies and turned into just another regular US President.
- On China: he no longer believes they are a currency manipulator. This has been mainstream US position for the last few years. Trump accused Obama of going soft on China and letting them "steal" from the US by letting them maintain a weak currency.
- On Fed Chairman Janet Yellen: He might consider letting her stay for a second term. Earlier he had referred to her in derogatory terms, implying that she had been keeping interest rates low and artificially propping up markets.
- On the import tax: He no longer believes in it.
- On the strong dollar: He's a believer in it now. He used to be opposed to it.
In a separate news conference he announced that NATO was not obsolete. The man had campaigned long and hard on NATO being obsolete.
All in all, this marks quite the turn for Trump from populist to run-of-the-mill globalist centrist on the US spectrum.
No comments:
Post a Comment