US Commerce Secretary Howard Lutnick says weaker dollar supports natural trade and export growth

Commerce Secretary Howard Lutnick told senators today that a weaker dollar promotes exports. He expects GDP growth to top five percent as trade dynamics shift.

U.S. USUS Commerce Secretary Howard Lutnick stated today, February 10, 2026, that the current weaker dollar is at a more natural level to promote U.S. exports and expand economic growth. Speaking on behalf of the U.S. Commerce Department, Lutnick linked the currency's recent weakness to the potential for higher exports and increased GDP growth. This announcement signals a specific administration view on the dollar at a time when the currency has recently hit a four-year low, a move that could significantly affect international trade and investor perceptions.
A woman holds U.S. dollar banknotes in this illustration taken May 30, 2022. REUTERS/Dado Ruvic/Illustration
A woman holds U.S. dollar banknotes in this illustration taken May 30, 2022. REUTERS/Dado Ruvic/Illustration
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