While the U.S. dollar gained ground Friday, it is still set for a weekly drop amid ongoing tariff negotiations and bank meetings scheduled for next week.

One week after claiming the US dollar could only slide under a "dummy," President Donald Trump is touting the benefits to the dollar weakening on his watch.

“The Wall Street Journal, and Rupert Murdoch, personally, were warned directly by President Donald J. Trump that the supposed letter they printed by President Trump to Epstein was a FAKE and, if they print it, they will be sued,” Trump wrote in a Truth Social post.

"I'm a person that likes a strong dollar, but a weak dollar makes you a hell of a lot more money. If we have a smart president, you're never going to let the dollar slide. If you have a dummy, that could happen,

A drop in the US dollar over the first six months of President Trump's new term could have wide-ranging effects, from how tariffs are felt to Federal Reserve policy to America's role in the world.

Trump is winning his trade war … but Americans will pay the price - ANALYSIS: Why did the EU trade deal fall flat on Wall Street? One expert says ‘markets have taken TACO a bit too seriously’ as another says the ‘deal still means consumers pay more in tariffs,