According to ChainCatcher, citing Jinshi's report, Trump sent mixed signals when discussing the US dollar policy on Friday, emphasizing "never supporting a weak dollar" while also highlighting the economic benefits of low exchange rates for US manufacturing.
"I will never say I like a low exchange rate. I am someone who likes a strong dollar, but a weak dollar can help you make more money." This statement comes at a time when the foreign exchange market widely speculates that his government is actively seeking a weaker dollar.
When asked if he was worried about the continued decline of the dollar, Trump responded that he "likes a strong dollar" but immediately added that he "won't lose sleep over it." Trump also specifically mentioned that manufacturing companies are benefiting from a weak dollar. "A strong dollar has a consequence, it looks good, but no one comes to travel, you can't sell factories, trucks, or anything else. A strong dollar is good for controlling inflation, and that's it. And we don't have inflation at all, we have already eliminated inflation."
