US EditionWhat the Dollar’s Decline Reveals About America
UNITED STATES, JUL 7 – The U.S. Dollar Index fell over 10% amid tariffs and a budget bill that may increase the national deficit, causing uncertainty in global trade and investor confidence.
- Last week, President Donald Trump's economic policies caused the U.S. Dollar Index to fall over 10%, its worst first-half slump since 1973.
- Following the House’s approval of the bill, President Trump signed a massive spending and tax package that critics warn could increase the U.S. deficit.
- Analysis confirms the U.S. Dollar Index has fallen over 10% in six months, with Sweet describing it as 'inflationary' amid the steepest first-half slump since 1973.
- The weakening dollar increases import costs for American consumers while benefiting exporters like Apple, amid widespread economic uncertainty caused by Trump's tariffs and policies.
- In the long term, Harvard economist Kenneth Rogoff predicts a tri-polar currency system emerging over 10–20 years, with the euro, yuan, and cryptocurrencies challenging the dollar, a trend accelerated by Trump.
13 Articles
13 Articles
Do we attend the end of the hegemony of the dollar? Some observers think so. For economist Philippe Ledent, Trump's strategy is not risk-free for the American and... European economy. ...
JP Morgan Asset Management analyzes the impact of the dollar's decline on the markets
The markets remain relaxed despite new escalations in the US trade dispute - iBanFirst sees signs of a possible turnaround in the dollar. What does this mean for the German middle class? Despite new threatening scenes from Washington - for example by announced reminders to trading partners - the international financial markets are unimpressed. The volatility index VIX is at 17.8 below the critical threshold of 20, the dollar loses opposite
Coverage Details
Bias Distribution
- 60% of the sources are Center
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