US President Donald Trump on Tuesday lambasted Japan and China for devaluing their currencies, a clear signal of his belief that the two countries are currency manipulators. \u201cYou look at what China\u2019s doing, you look at what Japan has done over the years. They play the money market, they play the devaluation market and we sit there like a bunch of dummies,\u201d he said in a meeting with pharmaceutical company executives. The remarks prompted the yen to jump to near a two-month high of 112.08 to the US dollar. The yen also strengthened on a news report that Trump\u2019s trade adviser slammed Germany for using a \u201cgrossly undervalued\u201d euro to gain an unfair advantage over the United States and the rest of the European Union. It now appears almost certain that Trump will take up the issue of dollar-yen exchange rates when he meets Japanese Prime Minister Shinzo Abe at the White House on February 10. Trump last week accused Japan and China of engaging in trade practises that he said are \u201cnot fair\u201d to American companies, while singling out auto trade with Japan as falling into that category. He also said the United States will include a clause preventing currency manipulation in all future bilateral trade deals.<\/p>\n