Trump bows in front of China ... and abandons the most important American principle

WASHINGTON (Reuters) - US President Donald Trump has proposed that the United States abandon one of its most important principles in its dealings with world nations in an effort to resolve trade disputes with China.

Bloomberg said Trump suggested that the United States should ignore the principle of separation of powers if his talks with his Chinese counterpart, Xi, led to good results.

Trump said the Federal Reserve should keep interest rates low to help the economy weather a trade war.

Trump also proposed that he intervene with the US Department of Justice in the case of the executive officer of Huawei, a Chinese company held by Canada, for several days, if that would help secure a trade deal with China.

Trump bows in front of China ... and abandons the most important American principle

"American officials have for decades struggled to convince their foreign counterparts of the separation of powers ... they have not convinced all the people all the time," said Bloomberg. "But America has always been keen to show a role model."

"The United States has worked hard to convince Japanese governments since the 1980s to stop trying to influence currency markets through public statements," Bloomberg said, quoting former Treasury Department official and US representative to the IMF Mark Sobil.

"We have been used to criticizing everyone, but now we stand idly by on currency matters," Sobel said. "This certainly gives a license to others."

In this context, the website "Axius" news that modern American history did not mention that the President of the Central Bank of America had to always defend the political independence of his financial institution, as does now Jerome Powell.

Axius blamed Trump, who used to criticize the Federal Reserve publicly and in front of everyone (and other world leaders and central bankers hear it), noting that the president's approach would be too expensive.