Why Trump’s Tariffs Are Crushing the Dollar
All the Trump-inspired gains in the dollar have vanished–just like that. As Trump’s tariffs kick in, the dollar is tanking instead of strengthening, despite early predictions that tariffs would boost it. Now, instead of offsetting the pain of tariffs, the falling dollar is making things even worse. Higher prices on foreign goods are hitting harder because the costs are rising in foreign currencies too. This isn’t the win people expected–it’s a double hit to the economy. Find out why this could spell trouble for the US and what it means for your wallet.
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