, Columnist
Trump Isn't All Wrong About Currency Manipulation
China and Japan used to game foreign-exchange markets to boost exports, but that’s mostly in the past.
Guilty, kind of, as charged.
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The Trump administration has come out firing against two major U.S. allies recently, accusing them of currency manipulation. Last week, at a meeting with heads of pharmaceutical companies, Trump mentioned China and Japan:
Meanwhile, Trump economic adviser Peter Navarro told the Financial Times that Germany’s trade surplus is a sign that the euro is “grossly undervalued.”