Besant denies that the decline of the US dollar threatens its position as the world's major currency

BlockBeats News: On July 4th, US Treasury Secretary Vicente refuted the claim that the recent depreciation of the US dollar would affect its position as a major world currency. Besson Zhou said, "The price of the US dollar has nothing to do with a strong US dollar policy. The key to a strong US dollar policy is whether we take measures in the long term to ensure that the US dollar continues to be the global reserve currency." He believes that the Trump administration is indeed taking such measures. The US dollar index fell nearly 11% in the first half of the year, marking its worst performance since 1973. This depreciation occurs against the backdrop of concerns about the Trump administration's policies, particularly the potential impact of tariff increases on economic growth and the tough diplomatic stance towards long-term allies who have been injecting funds into the United States in the past. Bessent said that the Republican tax bill has created conditions for economic growth. (Golden Ten)