“In comments published in the European press on Tuesday, Trump trade adviser Peter Navarro said the ‘grossly undervalued’ euro served as a currency for Germany alone, allowing the country to ‘exploit’ the United States and others. On Capitol Hill, Treasury Secretary-designate Steven Mnuchin softened the traditional U.S. ‘strong dollar’ mantra, suggesting that the dollar’s current strength may be working against what has become perhaps the administration’s central economic priority: reviving U.S. manufacturing and exports.”
Read more: http://uk.reuters.com/article/us-usa-trump-germany-analysis-idUKKBN15F2WP
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