Does Germany manipulate the euro?
At the heart of President Donald Trump’s trade policy is currency. Today, he accused Japan and China of past currency devaluations. And his trade advisor, Peter Navarro, told the Financial Times that the euro is grossly undervalued, and that Germany is unfairly benefiting from it. But the idea that countries are actually manipulating their currencies can be really hard to pin down. And in some cases, it looks like the administration has put the pin down in the wrong spot.
There’s a lot happening in the world. Through it all, Marketplace is here for you.
You rely on Marketplace to break down the world’s events and tell you how it affects you in a fact-based, approachable way. We rely on your financial support to keep making that possible.
Your donation today powers the independent journalism that you rely on. For just $5/month, you can help sustain Marketplace so we can keep reporting on the things that matter to you.
