Donald Trump Quotes

I would tell China that if you don't straighten out your manipulation of the currency - and I mean fast; I mean really fast - we are going to tax your products 25%.

America's in deep trouble. We don't know what we're doing when it comes to devaluations and all of these countries all over the world, especially China. They're the best, the best ever at it. What they're doing to us is a very, very sad thing.

China is crippling our manufacturing economy and eliminating our jobs by illegally flooding our markets.

When a nation devalues its currency, it, in effect, increases its tariffs.

If raising or allaying [revaluing or devaluing] the Money could add to its Value, or have any good Effect on Home or Foreign Trade; Then no Nation would want Money [from that nation.]

To the extent that the Trump administration doesn't like a strong dollar, something has got to give, and just yelling at other countries for devaluing when you're raising rates and they're cutting rates is not going to work.

The currency bill we have would finally do something for China's rapacious policies.

We're going to stand up to China, we're going to stop their currency manipulation and product dumping, which is killing us.

We're losing our companies; we're losing jobs; they devalue us out of business - China and these other countries.

China has other problems, but the devaluation has allowed them to make it impossible for us to compete.

The Chinese can devalue their currency, apparently without doing much harm to themselves. They can do this as a strategy to destroy our economy in America.

That level of trade deficit throttles real growth in our country and continues the unfortunate path of selling out America. We are not winning the global trade war, we are losing it badly.

But the fact that we had to devalue by 40% at once means that Malawians are feeling the shock, the impact of that huge devaluation and particularly rural people, the poor are the ones that are going to be most affected. That is why there is the austerity plan.

Devaluations are never easy.

There's a lot of companies that profit from a weak dollar.

It is very important for people to understand that the United States of America and no country around the world can devalue its way to prosperity, to be competitive. It is not a viable, feasible strategy, and we will not engage in it.

What there is no dispute about is whether or not China is a currency manipulator. They are a currency manipulator. They actively intervene every single day to keep the value of their currency less than it would be against the dollar than if it floated freely. We think. Even China barely disputes that.

Leaders often associate strong currencies with national strength and thus view declining currencies as insults to their prowess.

China must voluntarily cut back on exports to America otherwise American politics will become unmanageable.

Bad money drives out good money.

Some Countries have rais'd Money in the Denomination, when others have lower'd it; …. Some have prohibited the Export of Money under the severest Penalties, when others have by Law allowed it to be exported; Some thinking to add to the Money, have obliged Traders to bring home Bullion, in proportion to the Goods they imported. Most Countries have try'd some or all of these Measures, and others of the same Nature, and have tryed contrary Measures at one time, from what they us'd immediatly before, … that since the Method used had not the effect design'd, a contrary would: Yet is has not been found, that any of them have preserv'd or increased Money; but on the contrair.

If, when Money is rais'd [inflation or devaluation], Goods keep the Prices they had before. Then all Goods exported are sold for a lesser Value abroad, and all Goods imported are sold dearer.

The mints of Grenada no longer coin gold, but steel.

It was formerly a common expedient with kings and states to debase the coin, that they might the easier pay their debts in a depreciated currency;

You can’t trick up your exchange rate without paying for it.