Former Australian PM: Trump is wrong about China being a currency manipulator

China's central bank has taken steps overnight Tuesday to steady its currency while still keeping it just a hair away from the key seven yuan-per-dollar level. Kevin Rudd, former Australian prime minister and now president of the Asia Society Policy Institute, CNBC's senior market commentator Mike Santoli, CNBC's senior economics reporter Steve Liesman, and Tom Farley, former NYSE president and current chairman and CEO of Far Point, join CNBC's "Squawk Box" team to discuss.

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