Reuters: Trump says strong dollar hurting U.S. competitiveness
Article published: March 2, 2019
IB Economics syllabus: International economics (central bank policy, exchange rates)
Trump is openly against further monetary tightening (raising interest rates) and hints that the strong dollar can reduce export competitiveness: “I want a strong dollar, but I want a dollar that’s great for our country not a dollar that is so strong that it is prohibitive for us to be dealing with other nations.”
Source of image: REUTERS/Gary Cameron/File Photo
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