Wednesday, January 24, 2018

Reuters U.S. official [Sec. Mnuchin] backs weak dollar amid fears of trade war

U.S. Treasury Secretary Steven Mnuchin welcomed a weaker dollar on Wednesday, sending the greenback reeling and underlining concerns that U.S. President Donald Trump is stepping up his attack on China and other big trading partners as part of his America First agenda....
Reuters
U.S. official [Sec. Mnuchin] backs weak dollar amid fears of trade war
Paritosh Bansal, Noah Barkin, Yara Bayoumy

also

Explaining the "heresy."

A weak dollar 'good' for the U.S.? It's complicated
Richard Leong

also
The United States is not starting a trade war but trying to level the playing field of global commerce and fend off Chinese protectionism, including a “direct threat” in high-tech goods, U.S. Commerce Secretary Wilbur Ross said on Wednesday.
Mark Bendeich








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