Germany CDU member Jurgen Hardt comments in an interview with Bloomberg
- Germany, Europe not manipulating the currency
- US has it in its own hands to stabilise the dollar
- Germany's trade surplus is due to product quality
Trump accused China and Europe of manipulating the yuan and the euro respectively in his comments yesterday here. And here's Hardt defending that they are not in a position to be doing so.
Aside from that, he is also justifying that Germany's trade surplus is a result of the quality of the goods they produced. That's an attempt to play down the fact that the country is the fourth largest on the list of countries the US has a trade deficit with. I reckon Trump won't be as easy to forget about that among other things.
