Chuck Grassley Gives The Green Light To Call Out China For Currency Manipulation

Nick Givas | Media And Politics Reporter

Republican Sen. Chuck Grassley of Iowa called out China for currency manipulation Monday on Fox Business, but also urged caution to avoid a full blown trade war.

Grassley said he was fearful of China’s response to America’s trade policy under President Donald Trump, prompting host Host Maria Bartiromo to ask what the government’s plan is.

WATCH: 

“I would say we move in the direction the president wants to go, but you do it very cautiously,” Grassley replied. “Now I’ve added advocated some very prominent things like calling China out for not letting their currency float, as an example. Because that’s an indirect subsidy to exports. And we’ve been very cautious about that both with Republicans and Democrats. I don’t see anything wrong saying that they’re cheating on their currency.”

You can Follow Nick on Twitter and Facebook

Content created by The Daily Caller News Foundation is available without charge to any eligible news publisher that can provide a large audience. For licensing opportunities of our original content, please contact licensing@dailycallernewsfoundation.org.

Tags : china chuck grassley fox business
Loading comments...
© Copyright 2010 - 2018 | The Daily Caller