US Secretary of Commerce Howard Lutnick announced that the current weak dollar is at a more normal level to expand US exports and support economic growth.
Lutnick explained that the dollar has been pushed to high levels for years as a result of other countries manipulating the dollar’s price to increase exports to the United States.
Lutnick predicted that GDP growth could exceed 5% in the fourth quarter of 2025 and 6% in the first quarter of 2026.
U.S. Treasury Secretary Scott Bescent has indicated that President Donald Trump is adopting a strong dollar policy despite the recent decline in currency value due to steps his administration is taking to make investing in dollar assets more attractive.
dollar policy
After the US currency hit a four-year low at the end of January last year, Besant was asked if the US was adopting a strong dollar policy when President Trump praised the devaluation, calling it “amazing,” and said: “The essence of a strong dollar policy lies in the question of whether we are taking the necessary steps to create an environment that supports a strong dollar policy.”
It is noteworthy that the US Treasury Secretary emphasized that the US still has a policy of supporting a “strong dollar”, which means preserving fundamental factors.
US Secretary of Commerce Howard Lutnick announced that the current weak dollar is at a more natural level to expand US exports and support economic growth.
Lutnick explained that the dollar has been pushed to high levels for years as other countries manipulate prices to increase exports to the United States.
Lutnick predicted that GDP growth could exceed 5% in the fourth quarter of 2025 and 6% in the first quarter of 2026.
U.S. Treasury Secretary Scott Picent has indicated that President Donald Trump is relying on a strong dollar policy despite the recent decline in the value of the U.S. currency due to steps the Trump administration is taking to make investing in dollar-denominated assets more attractive.
dollar policy
In response to a question about whether the United States is adopting a strong dollar policy, given that President Trump welcomed the decline in the U.S. currency after it hit a four-year low in late January and described the depreciation as “amazing,” he said, “The essence of a strong dollar policy lies in the question of whether we are taking the necessary actions to create an environment that supports a strong dollar policy.”
It is noteworthy that the US Treasury Secretary emphasized that the US still has a policy of supporting a “strong dollar”, which means putting fundamental factors in the right place.
