Trump says Russia, China playing 'currency devaluation game'

[April 16, 2018]  WASHINGTON (Reuters) - U.S. President Donald Trump accused Russia and China on Monday of devaluing their currencies while the United States raises interest rates.

U.S. President Donald Trump makes a statement about Syria at the White House in Washington, U.S., April 13, 2018. REUTERS/Yuri Gripas

"Russia and China are playing the Currency Devaluation game as the U.S. keeps raising interest rates. Not acceptable!" Trump said in a Twitter post.

The U.S. Treasury, in a semi-annual report on Friday, again refrained from naming any major trading partners as currency manipulators as it pursues potential tariffs and negotiations to try to cut a massive trade deficit with China.

(Reporting by Doina Chiacu; Editing by Chizu Nomiyama)

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