Known Unknowns: Trump is waving adios to the longstanding ‘strong dollar policy’

The strong dollar policy—a mantra of Democratic and Republican administrations for more than two decades—may be headed for the scrap heap once Donald Trump is sworn in as president on Friday.

Indeed, Trump sent the dollar skittering lower Tuesday after he told The Wall Street Journal that the U.S. currency was “too strong,” in part due to Chinese efforts to hold down the yuan USDCNY, +0.1663%

But while much is made of Trump’s questioning of the need for North Atlantic Treaty Organization or the lasting power of the European Union, an administration-level push for a weaker currency would hardly be without precedent.

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