Donald Trump: China’s Currency Devaluation Will ‘Devastate America’

The Associated Press
AP Photo/John Locher

(Reuters) Republican presidential candidate Donald Trump on Tuesday said China’s devaluation of the yuan would be “devastating” for the United States.

“They’re just destroying us,” the billionaire businessman, a long-time critic of China’s currency policy, said in a CNN interview.

“They keep devaluing their currency until they get it right. They’re doing a big cut in the yuan, and that’s going to be devastating for us.”

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