Obama has now become the weakest POTUS against China, yuan just hit record high against dollar http://t.co/sEbQQycPmf Very sad!
— Donald J. Trump (@realDonaldTrump) March 25, 2013
Yes, the Chinese Yuan is at its highest level since the launch of the modern Chinese currency trading system in 1994.
And The Donald says that is “very sad.”
Just a few months ago, however, Trump was singing a very different tune. Back then, he was telling anyone who would listen that the value of the Yuan was too low, placing U.S. firms at a competitive disadvantage:
Treasury has refused to name China a currency manipulator even though the yuan “remains significantly undervalued” http://t.co/rHHCXhEQ
— Donald J. Trump (@realDonaldTrump) November 28, 2012
And he thinks we’re dumb?!?