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Currency Tensions Worsen

U.S. president targets Japan, Germany, China in new attacks.

By John Follain, Jeff Black and Scott Hamilton, Bloomberg | Updated on February 01, 2017

World leaders aren’t taking Donald Trump’s trade barbs lying down.

After the U.S. president said Germany and Japan are gaming foreign-exchange markets to win favorable trade terms, Japanese Prime Minister Shinzo Abe joined German Chancellor Angela Merkel on Tuesday in pushing back and leading a global counter-charge to the accusations.

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