Trump says strong dollar hurting U.S. competitiveness

U.S. President Donald Trump speaks at the Conservative Political Action Conference (CPAC) annual meeting at National Harbor near Washington, U.S., March 2, 2019. REUTERS/Yuri Gripas

OXON HILL, Md. (Reuters) - President Donald Trump on Saturday renewed criticism of the Federal Reserve and said the U.S. central bank's tight monetary policy was contributing to a strong dollar and hurting the United States' competitiveness.

"We have a gentleman that likes a very strong dollar at the Fed," Trump said at the annual Conservative Political Action Conference in Oxon Hill, Maryland. "I want a strong dollar, but I want a dollar that's great for our country not a dollar that is so strong that it is prohibitive for us to be dealing with other nations."