US EditionTrump’s Trade War Backfires
- The US dollar index fell 9% in 2025, marking its worst annual decline since 2017 amid the Trump 2.0 presidency.
- This decline follows Trump's tariff increases starting April 2 and the lack of new substantive trade deals with major partners.
- The weaker dollar has raised US government debt servicing costs, while UK sterling gained over 8% against the dollar this year.
- The US government debt totals $36.2 trillion, and tariffs have disrupted supply chains to a degree rivaling the Covid-19 impact, according to officials.
- These economic pressures, along with factory contractions and a strained China truce, suggest ongoing challenges for the US economy under current trade policies.
23 Articles
23 Articles
U.S. President Trump is causing uncertainty in global trade with his erratic customs policy. Germany's export nation is the poison. This is reflected in the most recent foreign trade figures.
Trump's trade war may 'almost double the original retail price' of clothing: analysis
Roughly 97% of all clothing for sale in American stores is made overseas, and most of those imported clothing items are made in China. Now, a new analysis breaks down exactly how much more Americans can expect to pay for basic clothing items if President Donald Trump's tariffs remain in place.CNBC reported Thursday on an analysis from financial services firm AlixPartners that estimated the cost of commonly purchased items that are subjected to t…
There’s at least one area where Canada can thank Trump
Canadians might not like to hear this, but given President Donald Trump’s tariffs and threats, there’s at least one area of economic policy where the country owes the US leader a strange sort of thanks.For decades, Canada’s 13 provinces and territories have maintained trade barriers against each other, a bewildering arrangement of tariffs, quotas, and regulations that has boosted prices, reduced efficiency, and yielded some absurd stories: A New…
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