Scott Bessent, US Treasury secretary, said the US would continue to pursue a "strong dollar" policy under Mr. Trump. "President Trump has not changed his strong dollar policy at all," Mr. Bessent said in an interview on Thursday. "We want a strong dollar. We don't want to see other countries weaken their currencies and manipulate their trade."
Because many countries "accumulated large surpluses, there was no free-form trading system," Mr. Bescent said. Part of the explanation could be exchange rates, he said, and "interest rate suppression" could also be a factor in some places, without naming specific countries.
US Treasury Secretary: US will continue to implement "strong dollar" policy
2025-02-07 00:37:06
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