The Dollar has lost 10% of its trade value in just 6 months

[Walt]

The Dollar has lost 10% of its trade value in just 6 months. It had stabilized as of a week ago, but looks like it is collapsing again now.

One sign of concern is that, since Mr Trump’s inauguration, the dollar has fallen by almost 10% against a basket of rich-world currencies. That is the exact opposite of what Scott Bessent, the treasury secretary, had predicted, thinking tariffs would strengthen the dollar because American firms would buy less foreign currency in order to fund imports

Has Trump damaged the dollar?

Yes. How badly will become clear in the next crisis

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