<\/p>\n\n\n\n
U.S. Commerce Secretary Howard Lutnick said on Tuesday that the recent weakness in the U.S. dollar reflects a more \u201cnatural\u201d level for the currency, arguing that it could help boost American exports and support stronger economic growth.<\/p>\n\n\n\n
Speaking before a U.S. Senate Appropriations subcommittee, Lutnick said that for many years the dollar had been pushed artificially higher by foreign governments seeking to increase exports to the United States. He added that President Donald Trump\u2019s trade policies are now reshaping those dynamics.<\/p>\n\n\n\n
\u201cA weaker dollar makes U.S. goods more competitive globally,\u201d Lutnick suggested, framing the currency\u2019s decline as a positive development for exporters and domestic growth.<\/p>\n\n\n\n
Lutnick also struck an optimistic tone on the economic outlook, saying he expects U.S. gross domestic product growth to exceed 5% in the fourth quarter of 2025, with the potential to top 6% in the first quarter of 2026.<\/p>\n\n\n\n
His comments come even as the administration sends mixed signals on currency policy. U.S. Treasury Secretary Scott Bessent, who traditionally speaks for the government on the dollar, has repeatedly emphasized that the United States maintains a \u201cstrong dollar policy,\u201d arguing that pro-growth reforms and efforts to attract foreign investment ultimately underpin the currency\u2019s value.<\/p>\n\n\n\n
The dollar has come under sustained pressure in recent months amid a combination of factors, including expectations of further Federal Reserve interest rate cuts, uncertainty over tariffs, policy volatility \u2014 including concerns about central bank independence \u2014 and rising fiscal deficits. Together, these issues have weighed on investor confidence and contributed to the greenback\u2019s decline.<\/p>\n\n\n\n
Markets are now watching closely to see whether the administration\u2019s growth and trade agenda can stabilize sentiment, or whether currency weakness will persist as monetary and fiscal uncertainties remain in focus.<\/p>\n","protected":false},"excerpt":{"rendered":"
U.S. Commerce Secretary Howard Lutnick said on Tuesday that the recent weakness in the U.S. dollar reflects a more \u201cnatural\u201d level for the currency, arguing that it could help boost American exports and support stronger economic growth. Speaking before a U.S. Senate Appropriations subcommittee, Lutnick said that for many years the dollar had been pushed …<\/p>\n","protected":false},"author":9,"featured_media":123061,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_monsterinsights_skip_tracking":false,"_monsterinsights_sitenote_active":false,"_monsterinsights_sitenote_note":"","_monsterinsights_sitenote_category":0,"footnotes":""},"categories":[38,6827,49,37,36],"tags":[],"class_list":["post-123701","post","type-post","status-publish","format-standard","has-post-thumbnail","","category-commodities-news","category-daily-economic-reports","category-economic-reports","category-forex-markets","category-market-updates"],"_links":{"self":[{"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/posts\/123701","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/users\/9"}],"replies":[{"embeddable":true,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/comments?post=123701"}],"version-history":[{"count":1,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/posts\/123701\/revisions"}],"predecessor-version":[{"id":123702,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/posts\/123701\/revisions\/123702"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/media\/123061"}],"wp:attachment":[{"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/media?parent=123701"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/categories?post=123701"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/tags?post=123701"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}