Company Quote by Donald Trump
“You have companies over in different countries where they devalue their currency and they make it impossible for American companies to compete.”
About This Quote
Source Speech: Economic Policy Remarks, 2017
International currency devaluation can create unfair trade conditions for US firms.
In simple terms: Foreign devaluation hurts US competition.
Advocate for fair trade policies.
Themes
Mood
Type
When to use this quote
- exporting
- pricing strategy
- risk assessment
Key Concepts
Questions to Reflect On
- How can US companies mitigate currency risk?
- What policies promote equitable trade?
Currency policies can be unpredictable and affect multiple sectors.