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Trump thinks a weaker dollar is great for America. Is he right?

todayJanuary 30, 2026 1

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President Trump said he welcomes the weaker dollar despite concerns about some of its effects on the U.S. economy.

The president said this week that the value of the dollar is “great” despite a sharp tumble since last year. That may be true for certain parts of the economy — but not others.

(Image credit: Alex Wong)

Written by: Prometheus

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