Reported 11 days ago
As President Trump's trade policies, particularly high tariffs against China and other countries, disrupt the economy, the US dollar faces unexpected weakness. This shift has led to soaring import taxes, rising long-term interest rates, and a decline in global investor confidence in dollar-denominated assets. Current trends suggest that if this continues, it could result in significant economic repercussions, including higher borrowing costs and potential stagflation, raising concerns on Wall Street about the future of the US economy.
Source: YAHOO