President Donald Trump said he has warned leaders of Japan and China against devaluing their currencies to gain an unfair trade advantage.
“I’ve called ... [Chinese leader] Xi [Jinping], I’ve called the leaders of Japan to say: ‘You can’t continue to reduce and break down your currency. You can’t do it because it’s unfair to us,’” the president said on Monday at the White House as he signed an executive order doubling tariffs on Chinese imports, from 10 percent to 20 percent. He didn’t specify when these conversations took place.
