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Trump advisers are planning US dollar devaluation if he gets electedTrump advisers are planning US dollar devaluation if he gets elected

An article (link is here) canvassing a plan for a second Trump administration to send the US dollar lower:

According to Politico, Trump’s former trade adviser Robert Lighthizer and several policy allies would seek to make American trade more competitive by purposely weakening the dollar.

the article gives a bit of a run down on the pros and cons of a lower dollar, for example:

more competitive US exports (a pro) inflation in the domestic economy as the prices of imported goods and raw materials increase (a con)

This article was written by Eamonn Sheridan at www.forexlive.com.

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