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 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.

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