Speaking on CNBC

The dollar has moved higher after WH Larry Kudlow said that the WH rules out any currency intervention

  • Does not agree that Pres. Trump wants a weaker dollar

But he does say:

  • Trump is concerned other countries may be manipulating their own currencies lower
  • Trump wants a steady dollar

He adds:

  • If US China trade talks go well, does not expect more tariffs
  • Auto tariffs on Europe are on hold for months
  • Lighthizer has prepared 301 action against France after digital tax
  • Trump encouraged Apple's Cook to move ops out of China