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Trump Announced That He Would Further Strengthen The Dollar In His Second Term

US President Donald Trump announced that he strengthened the dollar during his presidency and would further strengthen the dollar in his second term.

Trump Announced That He Would Further Strengthen The Dollar In His Second Term
Yazar: Tom Roberts

Yayınlanma: 13 Ağustos 2020 23:30

Güncellenme: 23 Kasım 2024 07:18

Trump Announced That He Would Further Strengthen The Dollar In His Second Term

US President Donald Trump announced that he strengthened the dollar during his presidency and would further strengthen the dollar in his second term. Speaking on Fox Business before the US presidential elections in November, Donald Trump promised a stronger dollar in his second term if elected. Speaking about a potential capital gains tax application, President Donald Trump said he wanted to lower the tax to 15 percent. After the Trump announcements, there was no significant reaction in the markets. The dollar index, which exceeded the 100 threshold at the beginning of the pandemic, continued to decline and reached 93.12 points. The current loss of the index is around 0.32 percent.
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