Making A Deal With China

When Donald Trump wan running for office his biggest promise to the American people was that he would renegotiate trade deals and try and bring jobs back to America. So far his administration has had its fare share of failure as well as scandal so this could be a major turning point for the president. For years China has been known to have loose morals when it comes to the value of their currency as well as with laws surrounding business regulation, which they do in order to position themselves better in the world economy. It's hard to fault them for that however usually these loose restrictions help businesses at the expense of the workers, they usually are not compensated as well as they should be and receive next to no benefits. Also with their almost nonexistent regulations they undercut most american companies which is why many many of them are moving to China.

When Trump meets with President Xi Jinping for the first time the whole world will be watching to see how strong of a stance he takes against China's policies. The most likely scenario will be a strong stance against the alleged currency manipulation but a continuation of trade between the two countries. If this scenario does to fruition then most likely the strength of the dollar will grow as two of the largest companies in the world renew their friendship. Only time will tell though if President Trump can get some positive momentum going.

http://www.marketwatch.com/story/trumps-meeting-with-chinas-xi-could-have-lasting-impact-on-the-dollar-2017-04-04