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Forex

Trump singles out Japan, China, Germany for currency attack

Real aim may be to boost bargaining power in trade talks

TAKESHI KAWANAMI, Nikkei staff writer | China

WASHINGTON -- President Donald Trump and his deputies have lashed out at China, Germany and Japan for alleged currency devaluation. But if Trump's aim is to address the U.S. trade deficit, his approach could backfire by destabilizing the currency market.

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