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Trump suggests he wants a weak dollar to help U.S. exporters

Section: Daily Dispatches

By Jacob Pramuk
CNBC, New York
Thursday, February 23, 2017

President Donald Trump signaled today that he wants to keep the U.S. dollar's value lower to aid American companies selling products abroad.

In a candid exchange with Doug Oberhelman, Caterpillar's chairman and former CEO, Trump said that when the dollar rises "and we let other people manipulate their currencies, that's the one thing that stops you."

"We have to let other countries give you a level playing field," Trump told Oberhelman at a meeting of manufacturing executives at the White House. ...

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