Trump, stocks and Bitcoin
Digest more
Fmr. IMF Chief Economist: how Trump waking up ‘on the wrong side of the bed’ could affect the dollar
The dollar’s recent decline signals a loss of faith from global investors in the United States’ ability to honor its obligations. Harvard University’s Ken Rogoff says political dysfunction in Washington and Trump’s aggressive trade war fuel economic uncertainty and undermine America’s soft power in the world.
Something different just happened to the U.S. dollar, which recently completed its worst first half of any calendar year since at least the 1970s: The dollar strengthened this week, despite President Donald Trump’s ongoing tariff talk.
The U.S. dollar rose on Friday on more signs of upheaval in the global trade landscape, as U.S. President Donald Trump announced more tariffs and said he planned to impose blanket levies of 15% or 20% on most trade partners.
The recent decline of the dollar is a warning sign that America’s economic health, political stability, and global standing can be undone by reckless decisions in Washington. As Trump’s aggressive trade agenda rolls out,
President Donald Trump says he's prepared to tariff and punish countries that challenge the U.S. dollar as the global reserve currency.
President Donald Trump's antitrust enforcers recently cleared a string of multibillion-dollar deals in a week, demonstrating a willingness to settle with companies that marks a shift from the Biden administration.
President Donald Trump has been sending letters to countries outlining higher tariffs they’ll face if they don’t make trade deals with the U.S. by Aug. 1.