US president Donald Trump is doubling down on criticism ofmajor US trading partners and threats to increase tariffs aheadof a planned summit with EU leaders in Washington next week.Trump is adding exchange rate fluctuations to a long list ofgrievances against the EU. "We have been losing $150bn withthe EU nations and they are making money easy and their currencyis falling," Trump said in a televised interview today. TheUS deficit in trade in goods with EU members totaled $151bnlast year.
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