Donald J. Trump✔@realDonaldTrump Russia and China are playing the Currency Devaluation game as the U.S. keeps raising interest rates. Not acceptable!
8:31 AM - Apr 16, 2018
Here is more evidence he doesn't understand anything related to economics. The Russian currency is losing value due to additional sanctions (he initiated and imposed by the way). The Chinese currency value has increased since he took office by 8%. The US dollar is down mainly due to increased interest rates here.....planned increases by the way as they have been communicated by the Fed. I am simplifying this a lot obviously.
I think he is taking a back-handed swipe at the Fed but who knows.........