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Trump accuses China, Europe of currency manipulation, stimulus


US President Donald Trump approaches reporters to speak before departing from the South Lawn of the White House in Washington, DC on June 26, 2019. – Trump is traveling to Osaka, Japan, for the G20 Summit. (Photo by MANDEL NGAN / AFP)

US President Donald Trump on Wednesday accused China and Europe of deliberately weakening their currencies and stimulating their economies to gain competitive advantages over the United States.

“China and Europe playing big currency manipulation game and pumping money into their system in order to compete with USA,” he said on Twitter.

Trump also implied that the Federal Reserve should likewise ease monetary policy, something he has called for in the past.

“We should MATCH, or continue being the dummies who sit back and politely watch as other countries continue to play their games — as they have for many years!” the president said.

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