Published 14 days ago

Trump trade advisers plot dollar devaluation

Summary by Ground News

Economic advisers close to former President Donald Trump are actively debating ways to devalue the U.S. dollar if he’s elected to a second term — a dramatic move that could boost U.S. exports but also reignite inflation and threaten the dollar’s position as the world’s dominant currency.

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The Washington Post

This might be Trump’s most inflationary, economically destructive idea yet

Deliberately trying to weaken the U.S. dollar would be a terrible.

14 days ago

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Political Wire

Trump Trade Advisers Plot Dollar Devaluation

“Economic advisers close to former President Donald Trump are actively debating ways to devalue the U.S. dollar if he’s elected to a second term — a dramatic move that could boost U.S. exports but also reignite inflation and threaten the dollar’s position as the world’s dominant currency,” Politico reports. “The idea is being discussed by former trade chief Robert Lighthizer — a potential Treasury secretary pick for Trump and the architect of th…

15 days ago·New York, United States

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