Mnuchin Says FX Tariff Push Isn't Shift to Weak Dollar Policy
The Trump administration last month signaled intent to turn the $5.1 trillion-a-day global currency market into the next battlefield of his trade war with a Commerce Department plan that would allow the U.S. to apply countervailing tariffs on nations seen to be actively driving down their currencies to boost exports.Rebutting the view that such a regulation would signal the Trump administration’s shift toward a weak dollar policy, Mnuchin described it as “another important tool in th
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