Donald Trump Warns Strong Dollar ‘Total Disaster’ for US Economy

The U.S. dollar surged to a 34-year high against the Japanese yen.
Donald Trump Warns Strong Dollar ‘Total Disaster’ for US Economy
Former President Donald Trump arrives at Trump Tower in New York City, on April 15, 2024. Adam Gray/AFP via Getty Images
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As the U.S. dollar reached a 34-year high against the Japanese yen on April 22, former President Donald Trump took to Truth Social to warn about the greenback’s strength against various Asian currencies.

Since the COVID-19 pandemic, the U.S. dollar has been one of the strongest currencies globally as its rivals have weakened. However, while this might appear to be a positive economic development on the surface, the presumptive Republican presidential nominee has described it as a “disaster.”

Andrew Moran
Andrew Moran
Author
Andrew Moran has been writing about business, economics, and finance for more than a decade. He is the author of "The War on Cash."