- cross-posted to:
- DeutscheWelle
- DeutscheWelle
- DeutscheWelle
- DeutscheWelle
- cross-posted to:
- DeutscheWelle
- DeutscheWelle
- DeutscheWelle
- DeutscheWelle
Donald Trump’s tariffs were meant to prop up the dollar, but the opposite happened. With the euro and others strengthening against the US currency, European exporters and US offshorers could soon feel the pinch.
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I thought the tariffs were supposed to make manufacturing in the US more appealing, which devaluing the dollar also achieves.