U.S. President Donald Trump said on Oct. 7 that he believes Republicans will "do very well" in the midterm elections and that his campaign rallies "really changed everything." On the dollar, Trump said "our dollar is very strong" and added that while it is fair to say a strong dollar can slow economic growth, it will not cause inflation. He also said oil prices will decline after the war ends, while oil is still moving through the Strait of Hormuz. Trump separately repeated that Iran’s current economic situation is "very bad." The remarks touched on U.S. politics, the dollar, inflation, oil transport, and Iran’s economy.
According to BlockBeats, U.S. President Donald Trump said on Oct. 7 that he believes Republicans will "do very well" in the midterm elections. He also said his campaign rallies "really changed everything."
Speaking about the U.S. dollar, Trump said, "Our dollar is very strong." He added that it is fair to say a strong dollar can slow economic growth, but stressed that a strong dollar will not cause inflation.
Trump also said oil prices will fall after the war ends. He said oil is still moving through the Strait of Hormuz, and he repeated that Iran’s current economic situation is "very bad."
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