Here is an interesting passage from a letter from Scott Bessent via his hedge fund in January of this year:Another differentiated view that we have is that Trump will pursue a weak dollar policy rather than implementing tariffs. Tariffs are inflationary and would strengthen the dollar--hardly a good starting point for a US industrial renaissance. Weakening the dollar early in his second administration would make U.S manufacturing competitive. A weak dollar and plentiful, cheap energy could power a boom. The current Wall Street consensus is for a strong dollar based on the deeply flawed logic. We strongly disagree. A strong dollar should emerge by the end of his term if the US reshoring effor
Hence then, the article about could trump lean on a weaker dollar as is main policy lever was published today ( ) and is available onforex live ( Middle East ) The editorial team at PressBee has edited and verified it, and it may have been modified, fully republished, or quoted. You can read and follow the updates of this news or article from its original source.
Read More Details Finally We wish PressBee provided you with enough information of ( Could Trump lean on a weaker dollar as is main policy lever? )