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Trump Says Russia, China Are Playing ‘Currency Devaluation Game’

“The U.S. Treasury, in a semiannual report on Friday, again refrained from naming any major trading partners as currency manipulators” writes Reuters Editorial for reuters.com. Trump’s tweet referred to what he sees as unfair trading advantages: If a country’s currency is artificially low, its exports are more competitive.Until the United States announced sanctions on Russian oligarchs earlier this month, however, the dollar had weakened by nearly 4 percent against the Russian currency.
 
Source: reuters.com



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