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trump contradicts his treasury department, accuses china and russia of currency cheating

trump contradicts his treasury department, accuses china and russia of currency cheating News Article With The full text news and with Resource Link at the bottom of the text and you can View this News Article in the source page.



trump contradicts his treasury department, accuses china and russia of currency cheating

president donald trump and chinese president xi jinping arrive for a meeting on the sidelines of the g-20 summit in hamburg. (saul loeb/pool/ap)president trump on monday accused china and russia of improperly manipulating their currencies in a way that gives them unfair trade advantages.“russia and china are playing the currency devaluation game as the u.s. keeps raising interest rates. not acceptable!” the president wrote on twitter.the accusation, delivered without any evidence or corroboration, directly contradicts a report issued friday by trump’s treasury department, which did not accuse either country of artificially lowering the value of its currency. instead, the report found china’s currency had recently moved in a direction that should benefit u.s. exporters.the twitt...