Responding to a Bloomberg article claiming that the flow of tourists into Europe amid accessible price of travel is becoming a problem, U.S. President Trump said it was due to weaker euro.
“This is because the euro and other currencies are devalued against the dollar, putting the U.S. at a big disadvantage. The Fed interest rate way too high, added to ridiculous quantitative tightening! They don’t have a clue!” Trump tweeted out.