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Trump says China will make a deal, criticizes currency devaluation

Kitco News

WASHINGTON (Reuters) - U.S. President Donald Trump said on Monday he believed China will make a trade deal with the United States because Beijing needs to make an agreement.

Trump said China devalues its currency and said something should be done about that because it creates an uneven playing field. He criticized U.S. Federal Reserve policies as “destructive” for not lowering interest rates.

Reporting by Doina Chiacu and Makini Brice; Editing by Chizu Nomiyama

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