US Markets Wrap: US sabre-rattling with tariffs to weaken the dollar
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US Markets Wrap: US sabre-rattling with tariffs to weaken the dollar
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About this listen
John Lekas, President and CEO of Leader Capital shares why the U.S. administration may be pursuing a deliberate weak-dollar policy, partly to gain an upper hand in trade with countries like China by making U.S. exports cheaper and putting pressure on foreign economies. He believes that the U.S. administration is using tariff threats mainly as sabre-rattling - as a strategy to weaken the dollar rather than a serious trade policy.
Produced/Presented: Ryan Huang
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