The US dollar has broadly weakened this year as Trump's tariffs — and his back-and-forth decisions on implementing them, pausing them, raising them and lowering them — have injected uncertainty into markets and clouded the outlook for the US economy.
If you devalue the dollar, you can kill more poor people. Looks like Project 2025 is right on track.
Meanwhile, the free world is becoming less and less interested in everything about you, America. Thoughts and prayers.
Dumb ass news outlet .....you clowns knew what the tariffs would do....stop placating to his fat ass and do your job as a news and investigation outlet..
The trump failure continues
In a normal situation a lower dollar would mean more export. If that will be the case, Trump will claim he was aiming for that. At the same time prices for imports will be higher, but those prices went up anyway because of the tariffs.
Instead of saying the following, I would have said, “Trump thought his tariffs would strengthen the dollar.”: “Trump’s tariffs were supposed to strengthen the dollar.” Saying “we’re supposed to” suggests wider buy in of Trump’s discredited understanding of how tariffs impact dollar valuation.
Bonds
Good.
More. His ridiculous Fiscal Irresponsibility of 4.5 T $ says it all. America's debt is headed out of control. No checks and balances. Trump spends taxpayer dollars wo budget restraint w same zest as when he skimmed his casinos into bankruptcy. America w Trump is viewed as unreliable& unstable.
Because of Biden! Because of Obama! Because of Clinton! Because of Carter! Because the GOP will never admit a mistake. And that they are just in it for the graft.
Hey MAGAts, tired of owning the libs and winning yet? 🤣
Bond sales
When it's weak enough, our public dollar will be replaced by private crypto. A cashless society for the benefit of the wealthy.
Say a UK company sells to the US. It expects tariffs to reduce sales by the retailer, so it raises its price to the retailer. If the sales don’t drop as much as expected, it ends up with more $, which it has to sell to get £, hence it, and others like it, drive down the $
Also true: This drives up the US trade deficit. So because US customers want the same stuff and there’s no US alternative that’s gained market share (yet, and it’s just an assumption that it ever will) the tariffs have the opposite of the desired effect.
In other news, @cnn.com's in-house Trump cheerleader weakened his chances of becoming White House press secretary when he told the truth that one time.
But friends of the uncertainty have made fortunes trading ahead of market news. Hmmmm
CNN - a consistent voice for doom and gloom.
