You are here
Trump says he could still take steps to weaken dollar, fueling confusion
By Damian Paletta
Washington Post
Friday, July 26, 2019
President Trump gave mixed signals this week as to whether he would intervene and try to weaken the U.S. dollar, telling aides Tuesday he had ruled out the idea but telling reporters on Friday he was still open to it.
On Tuesday, Trump rejected a recommendation from senior adviser Peter Navarro that the United States should take steps to weaken the U.S. dollar to boost U.S. exports, people briefed on the exchange said. Trump said intervening could damage the U.S. economy and cause problems that would difficult to control, the people said.
... Dispatch continues below ...
The Safest and Most Efficient Way to Own
Gold and Silver in the United Kingdom
GoldCore's mission statement since 2003 has been to protect and grow the wealth of our clients, and given the growing risks in the United Kingdom and internationally, we have put together for clients who are tax-resident in the United Kingdom an exclusive gold and silver offer free of capital gains tax.
On all lump-sum and pension investments worth more than GBP 10,000 in gold and or silver (capital gains tax-free gold and silver Britannias and gold Sovereigns) stored in Zurich you will benefit from free secure storage for six months. We also will send you one British legal-tender silver bullion coin, a beautiful 1-ounce silver Britannia.
Please visit GoldCore here for more information about this offer:
GoldCore does not report transactions to any authority. Safety, privacy, and confidentiality are paramount when we are entrusted with storage of our clients' precious metals.
Email the GoldCore team at info@goldcore.com or call our trading desk:
UK: +44(0)203-086-9200. U.S.: +1-302-635-1160. International: +353(0)1-632-5010.
Visit us at:
But today Trump told reporters he had not ruled anything out. He said the strong U.S. dollar was making it harder for U.S. companies to boost exports, something he blamed in part on the Federal Reserve’s decision to raise interest rates last year.
"I could do that in two seconds if I want to," Trump told reporters in the Oval Office this afternoon. "I didn't say I'm not going to do something." ...
... For the remainder of the report:
https://www.washingtonpost.com/business/economy/trump-shot-down-navarros...
* * *
Join GATA here:
New Orleans Investment Conference
Hilton New Orleans Riverside Hotel
Friday-Monday, November 1-4, 2019
https://neworleansconference.com/noic-promo/powellgata/
* * *
Help keep GATA going:
GATA is a civil rights and educational organization based in the United States and tax-exempt under the U.S. Internal Revenue Code. Its e-mail dispatches are free, and you can subscribe at:
To contribute to GATA, please visit:
