President Trump Pushes Strong-Dollar Theme Ahead of Davos Speech

Davos-Switzerland (Jan 26)  US President Donald Trump said Friday there's a "good chance" he'll be able to renegotiate the North American Free Trade Agreement and that he'd be open to joining a new Pacific trade agreement if the terms were "substantially better" for the United States.

In remarks released from an interview with CNBC television at the World Economic Forum in Davos, Switzerland, Trump also insisted that no one should be "talking down" the U.S. dollar and argued that its value should be based on the strength of the broader economy.

"I'll tell you where I stand, which ultimately is very important," he said. "No.1, I don't like talking about it because, frankly, nobody should be talking about it ... it should be what it is and it should also be based on the strength of the country."

"We are doing so well, our country is becoming so economically strong again, and strong in other ways too, by the way, that the dollar is going to get stronger and stronger and ultimately I want to see a strong dollar," Trump added.

TheStreet