Trump Says Dollar Getting Too Strong

Trump Says Dollar Getting Too Strong

first_img Share U.S. President Donald Trump speaks during a strategic and policy CEO discussion in the Eisenhower Execution Office Building in Washington, U.S., April 11, 2017. (REUTERS/Joshua Roberts) Share this article Show Discussion Trump Says Dollar ‘Getting Too Strong’ By Reuters April 12, 2017 Updated: April 12, 2017center_img US WASHINGTON—President Donald Trump said on Wednesday that the dollar was “getting too strong” and would eventually hurt the U.S. economy, even as he said he would like to see interest rates stay low, the Wall Street Journal reported.In an interview, Trump also said he would not label China a currency manipulator in a U.S. Treasury report due later this week, the Journal said. He also said he respected Federal Reserve Chair Janet Yellen, saying she was “not toast” when her current term ends in 2018.“I think our dollar is getting too strong, and partially that’s my fault because people have confidence in me. But that’s hurting—that will hurt ultimately,” he said.  LINKEDINPINTERESTREDDITTUMBLRSTUMBLEUPON   last_img


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