Spicer: Trump’s Reversal On China ‘Not A Quid Pro Quo’ For Help With North Korea

White House press secretary Sean Spicer brushes a fly off his head as he talks to the media during the daily press briefing at the White House in Washington, Monday, April 17, 2017. Spicer discussed the president's t... White House press secretary Sean Spicer brushes a fly off his head as he talks to the media during the daily press briefing at the White House in Washington, Monday, April 17, 2017. Spicer discussed the president's tax returns, policy on White House visitor logs and other topics. (AP Photo/Andrew Harnik) MORE LESS
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April 17, 2017 3:13 pm
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White House press secretary Sean Spicer on Monday said President Donald Trump’s reversal in announcing that China is not a currency manipulator was “not a quid pro quo” in exchange for the country’s cooperation in responding to North Korea.

“Number one, they haven’t been manipulating their currency since he’s been in office. That’s a fact,” Spicer said during his daily briefing. “Number two is, I think the President’s tweet said clearly, to do so at this time would not be prudent.”

“It’s not a quid pro quo,” Spicer said. “It’s just saying that in the middle of them taking very positive signs to help us address the situation in North Korea, that to label them a currency manipulator I don’t think would be very productive.”

In an interview with the Wall Street Journal last week, Trump reversed position from one of his more consistent campaign promises and said the Treasury Department would not label China a currency manipulator.

He defended the flip-flop to the Journal by saying that China has not devalued its currency for months, though experts say that China has been doing the opposite and shoring up the renminbi’s value in recent years.

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