U.S. Treasury Secretary Becerra: The United States still implements a strong dollar policy.

Gate News bot message, according to FXStreet, U.S. Treasury Secretary Scott Bessent stated over the weekend that the fall of the dollar this year is a normal phenomenon, and that the U.S. still implements a strong dollar policy.

He stated: “The United States still implements a strong dollar policy. Currency exchange rates fluctuate. Europe’s increased fiscal spending means the euro should appreciate. I don’t think anyone will talk about a shadow Federal Reserve. After Kuegler steps down, the Federal Reserve will have a vacancy at the beginning of the year. At that time, a batch of trade agreements (10-12 items) will be reached.”

“If about 20 other countries negotiate in good faith, they will either implement reciprocal tax rates or maintain a baseline tax rate of 10%. It all depends on Trump. I tend to think that the U.S. Trade Representative’s office will initiate a 301 investigation into Canada’s digital services tax.”