Reported about 20 hours ago
A significant drop in the value of the U.S. dollar has raised concerns among economists about an impending loss of global confidence in the U.S. economy, coinciding with President Trump's controversial trade policies. The dollar has fallen 9% since January, its steepest decline in three years, making investors wary of its status as the world's reserve currency. The decline not only highlights economic vulnerabilities tied to U.S. federal debt levels but also leads to higher costs for consumers and potential rises in interest rates. The unpredictable nature of Trump's economic strategies further amplifies concerns about the dollar's future stability.
Source: YAHOO