--- title: President Trump Says the U.S. Dollar Is 'Too Strong' description: Donald Trump said in an interview Wednesday that he thinks the U.S. dollar is getting too strong, which will ultimately impede the economy. authors: - name: Alana Abramson url: https://money.com/author/alana-abramson/ at_money_since: 2017 articles: 16 covers: - Economy and Politics - Business - Career Advice - Housing - Identity Theft - Lifestyle - Mortgages - Personal Finance social: - https://x.com/aabramson former_staff: true published: '2017-04-12T20:24:01.000Z' modified: '2024-04-17T05:39:32.000Z' section: Economy and Politics tags: - onetime - White House word_count: 243 canonical: https://money.com/donald-trump-us-dollar-too-strong/ type: Article source: structured-blocks --- > **Disclosure:** We research all brands listed and may earn a fee from our partners. Research and financial considerations may influence how brands are displayed. Not all brands are included. [Learn more](https://money.com/page/disclaimer/). ![President Donald Trump at the White House in Washington, D.C., April 11, 2017.](https://img.money.com/2017/04/trump_nato.jpg) *President Donald Trump at the White House in Washington, D.C., April 11, 2017.* [President Trump](https://time.com/4736823/donald-trump-james-comey-fbi-russia-investigation/) said in an interview Wednesday that he thinks the [U.S. dollar](https://money.com/why-dollar-cost-averaging-is-a-lousy-retirement-investing-strategy/) is getting too strong, which will ultimately impede the economy. “I think our dollar is getting too strong, and partially that’s my fault because people have confidence in me," [he told the Wall Street *Journal*.](https://www.wsj.com/articles/trump-says-dollar-getting-too-strong-wont-label-china-currency-manipulator-1492024312) "But that’s hurting — that will hurt ultimately.” “Look, there’s some very good things about a [strong dollar](https://money.com/trump-strong-dollar-versus-weak-currency/), but usually speaking the best thing about it is that it sounds good.” Following Trump's remarks, the dollar index hit its lowest level of the month, [CNBC reports](http://www.cnbc.com/2017/04/12/us-markets.html). [Trump](https://time.com/4737001/donald-trump-xi-jinping-phone-call-readout/) also told the *Journal* Wednesday his administration would not label China a currency manipulator in an upcoming report, a complete reversal from what he said during his presidential campaign. Trump has decided to change his mind about labeling China a currency manipulator because it could impede talks with the country about North Korea and they haven't been doing it for months. "They're not currency manipulators," Trump told the [*Journal.*](https://www.wsj.com/articles/trump-says-dollar-getting-too-strong-wont-label-china-currency-manipulator-1492024312) But criticizing China for currency manipulation was a frequent topic for Trump on the campaign trail, where he referred to the country as "abusers" and said he would label them a currency manipulator. "China just devalued their currency recently more than they have at any time in more than two decades," he [told Anderson Cooper](http://www.cnn.com/TRANSCRIPTS/1603/09/acd.01.html) in March of 2016. "This was like shocking. And the only reason they did it is because we're weak and have no leadership." ```json { "@context": "https://schema.org", "@graph": [ { "@type": "BreadcrumbList", "@id": "https://money.com/donald-trump-us-dollar-too-strong/#breadcrumb", "itemListElement": [ { "@type": "ListItem", "position": 1, "name": "Home", "item": "https://money.com" }, { "@type": "ListItem", "position": 2, "name": "Economy and Politics", "item": "https://money.com/economy-and-politics/" }, { "@type": "ListItem", "position": 3, "name": "Economy", "item": "https://money.com/economy/" }, { "@type": "ListItem", "position": 4, "name": "President Trump Says the U.S. Dollar Is 'Too Strong'" } ] }, { "@type": "WebSite", "@id": "https://money.com/#website", "url": "https://money.com", "name": "Money", "publisher": { "@id": "https://money.com/#organization" } }, { "@type": "WebPage", "@id": "https://money.com/donald-trump-us-dollar-too-strong/#webpage", "url": "https://money.com/donald-trump-us-dollar-too-strong/", "name": "President Trump Says the U.S. Dollar Is 'Too Strong'", "isPartOf": { "@id": "https://money.com/#website" }, "datePublished": "2017-04-12T20:24:01.000Z", "mainEntity": { "@id": "https://money.com/donald-trump-us-dollar-too-strong/" }, "inLanguage": "en-US", "breadcrumb": { "@id": "https://money.com/donald-trump-us-dollar-too-strong/#breadcrumb" }, "dateModified": "2024-04-17T05:39:32.000Z" }, { "@type": "Article", "headline": "President Trump Says the U.S. Dollar Is 'Too Strong'", "articleSection": "Economy and Politics", "image": [ { "@type": "ImageObject", "url": "https://img.money.com/2017/04/trump_nato.jpg", "width": 4000, "height": 2772, "caption": "President Donald Trump at the White House in Washington, D.C., April 11, 2017." } ], "author": [ { "@type": "Person", "name": "Alana Abramson", "url": "https://money.com/author/alana-abramson/", "@id": "https://money.com/author/alana-abramson/#author", "email": "Alana.Abramson@time.com", "sameAs": [ "https://x.com/aabramson" ] } ], "publisher": "https://money.com/#organization", "datePublished": "2017-04-12T20:24:01.000Z", "description": "Donald Trump said in an interview Wednesday that he thinks the U.S. dollar is getting too strong, which will ultimately impede the economy.", "abstract": "Donald Trump said in an interview Wednesday that he thinks the U.S. dollar is getting too strong, which will ultimately impede the economy.", "@id": "https://money.com/donald-trump-us-dollar-too-strong/", "inLanguage": "en-US", "dateModified": "2024-04-17T05:39:32.000Z", "wordCount": 243, "keywords": [ "onetime", "White House" ], "about": [ { "@type": "Thing", "name": "Political economy", "sameAs": [ "https://en.wikipedia.org/wiki/Political_economy" ] }, { "@type": "Thing", "name": "Economy", "sameAs": [ "https://en.wikipedia.org/wiki/Economy" ] } ] } ] } ```