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Trump may launch a campaign to weaken the dollar and trim the US trade deficit, analysts say
The United States of America, a currency manipulator?' It’s a label more frequently slapped on developing export economies and one that President Donald Trump took up just this week to browbeat China and Europe in his increasingly pitched trade war. But as outlandish as it sounds, some Wall Street observers say the possibility that Trump himself will launch a sustained campaign to weaken the dollar as a way to reduce the US trade deficit cannot be dismissed. “The trade debate will increasingly include the currency issues,” said Charles Dallara, a former US Treasury official and one of the architects of the ... (full story)
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