Steven Munchin, the US Treasury secretary, made the following statement:
- not concerned about the dollar's short-term movements.
- I believe in strength of the dollar's long-term fundamentals.
- I support the free trading in currency markets.
- I do not support people trying to fix currencies.
- The dollar's decline has benefits in short-term.
- lower dollar is beneficial for the trade balance in the United States.
- We want more trade but must be reciprocal and fair.
- The United States has the most open trade and investment market in the world.
- We want to increase exports to China.
