are downplaying
Present progressive conjugation of downplay. There are other translations for this conjugation.

downplay

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500+ learners.
Across Mexico, but especially along the border, government officials and business associations are downplaying the maquila layoffs.
En todo el territorio mexicano, pero especialmente a lo largo de su frontera norte, los funcionarios gubernamentales y asociaciones empresariales se esmeran en restar importancia a los despidos de las maquiladoras.
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