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US President Donald Trump seems to have been doing greatest ever disservice to the US through his highly flawed approach to his country's economy. He is a person who doesn't learn from the past; that is why he is always doomed to repeat it. Trump, for example, launched a fresh attack on American trading partners, saying the EU and China were manipulating their currencies as he took another swipe at the US central bank.
The remarks on Twitter early in the day followed a CNBC interview in which Trump said he was willing to hit all Chinese imports to the United States with tariffs. He's showing to the world that he's anti-China. Little does, however, he know that China has played the most important role in helping world successfully avert another Great Depression after the global financial crisis 2007-08.

Copyright Business Recorder, 2018

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