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Trump is letting China and Mexico off the hook

Trump recently told the Wall Street Journal that he won’t officially accuse China of currency manipulation, at least not any time soon. He hasn’t done anything about NAFTA, except to say “pleasant surprises” are coming. He has continued to threaten tariffs on certain imports from the two countries, but he hasn’t backed that with legislative or policy proposals. For all his bluster, Trump seems to be letting China and Mexico off the hook.