Why Trump Wants a Weaker Dollar

This is an edition of The Atlantic Daily, a newsletter that guides you through the biggest stories of the day, helps you discover new ideas, and recommends the best in culture. Sign up for it here.

The U.S. dollar is getting weaker, and that’s just how the president wants it. During an appearance last Tuesday at the Machine Shed Restaurant in Urbandale, Iowa, Donald Trump told reporters that the dollar’s declining exchange rate was “great.”

Trump understands that a weak dollar doesn’t sound good.