Strong dollar good in many ways, but hinders trade - Trump

Tuesday, 24. March 2020 01:15

United States President Donald Trump said on Monday he is proud of the dollar's current strength, but emphasized it makes the trade more difficult.

Speaking about trade, Trump stated that China has accelerated agricultural purchases from the US, as the Asian country's battle with the coronavirus outbreak has neared to its end.

Trump also praised efforts made by Federal Reserve's Chairman Jerome Powell in adjusting the monetary policy to lower the economic impact of the COVID-19 crisis.

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