Reported about 19 hours ago
In a recent statement, U.S. President Donald Trump expressed a preference for a weaker dollar, arguing that it boosts U.S. exports and job creation, despite acknowledging that a strong dollar sounds appealing. He criticized the strength of the dollar for hindering tourism and manufacturing competitiveness, while also noting that a weaker dollar can benefit manufacturers, such as Caterpillar. Trump recognized the psychological benefits of a strong dollar but maintained that a weaker dollar leads to greater financial gains.
Source: YAHOO