Reported about 1 month ago
US Treasury Secretary Scott Bessent indicated that the Trump administration is examining currency manipulation alongside tariffs as it prepares for an April deadline. In a Fox Business Network interview, Bessent emphasized that while the US maintains a strong dollar policy, it will not accept weak currency practices from other nations. This comes as President Trump has directed his economic team to devise reciprocal tariff plans against countries that impose taxes on US imports, potentially escalating into a global trade conflict.
Source: YAHOO