atlas well let's see what cost jessica is going to say about this is the chief economist of i n g germany welcome to the studio across what do you think if this truck ride was easy whether you see the chief's comments unfair to the u.s. i think that software was trump there is a tiny bit of truth in it but there's also a big portion of exaggeration in it so yes he is right because if drugs were to cut interest rates again the main channel would be the exchange rate so it would hardly do anything to bank loans but it would clearly weaken the euro change rate and therefore their execs and benefiting euro zone exporters so it's right then to complain that ultimately we can euro or weaker euro makes life harder for the u.s. industry everything to trump has been complaining for years and there is always ongoing investigation from the u.s. treasury actually. on what you the europe the euro zone and china are doing with their currencies there is no active currency manipulation going on and europe so yes off is the weaker euro and a stronger dollar harms us exports more and does a bit more benefit to you