Thursday, March 16, 2017

Trump's Currency Conundrum Risks Fueling G20 Trade Tensions

U.S. Treasury Secretary Steven Mnuchin faces a currency conundrum as he meets financial leaders in Germany. President Donald Trump thinks the dollar is too strong while China’s yuan and Germany’s euro are too weak. Yet Mr. Trump’s key domestic economic proposals—and rising interest rates in the U.S.—are boosting the dollar’s value.

from WSJ.com: US Business http://ift.tt/2n2OneW
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