Trump sounded upbeat on US-China trade negotiation again even though, for now, there is still no more meeting scheduled. He said a the White House, “it’s happening, it’s happening fast and I think things probably are going to happen with China fast because I cannot imagine that they can be thrilled with thousands of companies leaving their shores for other places.”
He also said Huawei is “very dangerous” if “you look at what they’ve done from a security standpoint, from a military standpoint”. But even though it’s that dangerous Trump said “If we made a deal, I could imagine Huawei being possibly included in some form or some part of it”.
But separately, the Commerce Department laid out a proposal in a Federal Register notice yesterday, on punishing currency manipulating countries with tariffs. Commerce Secretary Wilbur Ross said “this change puts foreign exporters on notice that the Department of Commerce can countervail currency subsidies that harm US industries” And, “foreign nations would no longer be able to use currency policies to the disadvantage of American workers and businesses.”
