What a Weaker US Dollar Means for the Economy
Bloomberg reports that American exporters would benefit from the currency’s drop, but consumers could feel a pinch.
The dollar typically strengthens in times of economic or geopolitical strife. But that isn’t what happened in the months since Donald Trump has returned to the White House. As he has announced, amended and in some cases suspended the implementation of sweeping tariffs on imports, the US currency has tumbled, falling some 6% overall against a basket of world currencies... ...
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