Trump: Right now great to have strong dollar

Thursday, 14. May 2020 12:10

United States President Donald Trump told Fox Business in an interview shown on Thursday that right now is a "great time" to have a strong dollar.

"It’s a great time to have a strong dollar because the whole world, you know, we’re paying zero interest, right. That’s never happened either. We’re paying so low. Everybody wants to be in the dollar because we kept it strong. I kept it strong," Trump stated.

Asked about his earlier remarks against a strong dollar, the US president once again stressed that it is problematic for trade but insisted it is good from the inflation standpoint.

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Author:
Breaking the News / NP