Trump sends mixed signals on dollar policy

ChainCatcher news, according to Jinshi reports, Trump sent mixed signals on dollar policy on Friday. On one hand, he emphasized that he "will never support a weak dollar," while on the other hand, he talked about the economic benefits of a low exchange rate for American manufacturing.

"I would never say I like a low exchange rate. I'm the kind of person who likes a strong dollar, but a weak dollar can make you more money." This statement comes at a time when the foreign exchange market is generally speculating that his administration is actively seeking a weaker dollar.

When asked if he was worried about the continued decline of the dollar, Trump responded, "I am a person who likes a strong dollar," but he quickly added, "I won't lose sleep over it." Trump also specifically mentioned that manufacturing companies are benefiting from a weak dollar. "A strong dollar has one consequence, it looks good, but no one comes to visit, you can't sell factories, trucks, you can't sell anything. A strong dollar is good for controlling inflation, that's all. And we have no inflation at all; we have already eliminated inflation."