The White House rejected rumors about a clandestine agenda to weaken the dollar, maintaining a solid stance on currency policy under Trump. Stephen Miran emphasized that Treasury Secretary Scott Bessent represents the administration’s official view.
Increased strength of Asian currencies followed Trump’s tariff pause, fueling speculation of hidden agreements. However, Miran suggested that market confusion over tariffs is misguided, insisting the U.S. Maintains a strong dollar policy.
Miran claimed the Trump administration is transparent, opposing any secret negotiations on exchange rates. However, he noted concerns over the strong dollar’s impact on exports, indicating ongoing discussions about its global implications.
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