Reuters U.S. official [Sec. Mnuchin] backs weak dollar amid fears of trade war

Summary:
U.S. Treasury Secretary Steven Mnuchin welcomed a weaker dollar on Wednesday, sending the greenback reeling and underlining concerns that U.S. President Donald Trump is stepping up his attack on China and other big trading partners as part of his America First agenda.... ReutersU.S. official [Sec. Mnuchin] backs weak dollar amid fears of trade war Paritosh Bansal, Noah Barkin, Yara Bayoumyalso Explaining the "heresy."A weak dollar 'good' for the U.S.? It's complicated Richard Leongalso The United States is not starting a trade war but trying to level the playing field of global commerce and fend off Chinese protectionism, including a “direct threat” in high-tech goods, U.S. Commerce Secretary Wilbur Ross said on Wednesday. U.S. not starting trade war, but sees China tech threat:

Topics:
Mike Norman considers the following as important: Davos 2018, Steven Mnuchin, USD

This could be interesting, too:

Mike Norman writes Michael Hudson —Persian Powerplay

Mike Norman writes Reuters — World needs to end risky reliance on U.S. dollar: BoE’s Carney

Mike Norman writes ‘In Gold We Trust’: Waning confidence in US sends world’s central banks on buying spree — Darius Shahtahmasebi

Mike Norman writes Jillian Ambrose — China to launch rival oil futures market in spring