https://www.bloomberg.com/news/articles/2019-07-03/trump-says-china-europe-playing-currency-manipulation-game-jxnch5s5

Trump Says China, Europe Playing ‘Currency Manipulation Game’

President Donald Trump said China and Europe are playing a “big currency manipulation game” and “pumping money into their system” to compete with the U.S.

Trump said on Twitter Wednesday that the U.S. should match their efforts “or continue being dummies” who watch other countries manipulate currencies.

Donald J. Trump

✔ @realDonaldTrump

China and Europe playing big currency manipulation game and pumping money into their system in order to compete with USA. We should MATCH, or continue being the dummies who sit back and politely watch as other countries continue to play their games - as they have for many years!

58.7K   10:21 PM - Jul 3, 2019

Trump wants a weaker dollar to help boost exports. Trump’s focus on the dollar surfaced last month after the European Central Bank said it might ease policy, prompting the euro to drop against the dollar.

Trump seized on the move to say on June 18 that the Fed’s failure to lower rates was putting U.S. exporters at a competitive disadvantage. He later mused on June 26 he’d rather have ECB President Mario Draghi running the Fed.