Donald Trump declared the U.S. dollar was “doing great” on Jan. 27, 2026, while speaking to reporters during a visit to Iowa. But on the same day, the U.S. dollar had fallen to its lowest level in four years against a basket of major global currencies. Someone please turn the TV on for the president.
On Tuesday, reporters asked Trump about the dollar’s ongoing downward trend and whether he thinks it has declined too much. But Trump dismissed the question outright, saying, “I think it’s great.” He even cited “the business we’re doing” to prove that the dollar’s value is strong.
