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Trump's economic advisor downplays concerns of deliberate dollar devaluation

Trump's economic advisor downplays concerns of deliberate dollar devaluation

CointimeCointime2024/10/14 08:43
By:Cointime

Scott Bessent, Donald Trump's economic advisor, has stated that a Trump administration would not intentionally devalue the dollar. Bessent also believes that Trump's proposed tariffs on imports will eventually be weakened. He reassured the Financial Times that a Trump-led government would continue to support a strong dollar, consistent with the US's long-standing policy.

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