Trump wades into currency uproar, favours 'strong dollar'

Friday, January 26, 2018 | Tag Cloud Tags: , ,

(Worthy News) - President Donald Trump waded into the uproar over the US currency on Thursday (Jan 25), saying he wants to see "a strong dollar," countering comments by his treasury secretary that appeared to signal the opposite and sent the greenback plunging to three-year lows.

It was an inauspicious start to Trump's first foray as president onto the glitzy global stage at the World Economic Forum in Davos, Switzerland, as he was forced into damage control mode to calm skittish foreign exchange markets.

Trump told CNBC that remarks a day earlier by Treasury Secretary Steven Mnuchin, which seemed to favor a weak dollar to help US exporters, "were taken out of context." [ Source: Channel News Asia (Read More...) ]

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1 thought on “Trump wades into currency uproar, favours 'strong dollar'”

  1. I'd believe President Trump over Mnuchen at this point. President Trump has the favor of God on him and an anointing to steady a ship that has been just barely staying afloat and was in danger of sinking. There is a wealth transfer going on in the background that is needed to spread the gospel of Jesus Christ in these last days. Satan would like nothing more than to throw a wrench into the prosperity and peace that God has for us and Mnuchin needs to learn how important his words are. Prayer against the devil's plan is vital. Worthy News is a good place to start. Pray over every story, that God's plans will come to fruition, not the devil's.

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