Trump has accused China and Russia of currency devaluation

Trump has accused China and Russia of currency devaluation

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Трамп обвинил Китай и Россию в девальвации валют

The President called unacceptable games with the devaluation against the backdrop of increasing interest rates in the United States

WASHINGTON

The US President Donald trump on Monday accused Russia and China of artificial devaluation of national currencies.

“Russia and China playing the currency devaluation, while the US continues to raise interest rates. This is unacceptable!” – trump wrote on Twitter.

Federal Treasury Department in Friday released semi-annual report is again called one of the biggest trading partners of the country of the currency manipulators, continuing efforts to reduce the huge trade deficit with China through negotiation and the imposition of duties.