Benson denies that the falling US dollar threatens its status as the world's main currency.

US Treasury Secretary Paul Benson refuted the claim that the recent depreciation of the US dollar would affect its status as a world's major currency. Benson said: "The price of the US dollar is not related to a strong dollar policy. The key to a strong dollar policy is whether we take measures in the long term to ensure that the US dollar continues to serve as the world's 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 the worst performance in the first half of the year since 1973. This depreciation occurred against the backdrop of concerns about the Trump administration's policies, especially the potential impact of tariff increases on economic growth and the tough diplomatic stance towards long-term allies who have long been injecting funds into the US. Benson said that the Republican tax bill "has created conditions for economic growth."