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Business & Economics

Why Trump wants to weaken the US dollar — and level global trade

New York Post
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71% Informative

President Trump has declared an official strategy to push back on currencies that give foreign exporters an unfair advantage.

Peter Bergen : The US dollar has been too strong for too long, making American -made goods more expensive overseas and foreign imports cheap in our stores.

Bergen says China 's yuan is so undervalued that Chinese exporters still enjoy an edge, even after paying Trump ’s tariffs.

It will create jobs, reduce imports, increase exports and generate investments in plants and equipment — an agenda that’s pro-worker, pro-industry and ultimately pro-growth for the nation as a whole. Other presidents have talked about bringing jobs back to the United States . Trump may be the only one actually willing to put some skin in the game to do it. Jeff Ferry is chief economist emeritus at the Coalition for a Prosperous America ..

VR Score

75

Informative language

74

Neutral language

57

Article tone

semi-formal

Language

English

Language complexity

53

Offensive language

not offensive

Hate speech

not hateful

Attention-grabbing headline

not detected

Known propaganda techniques

not detected

Time-value

short-lived

External references

1

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1

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