Trump Policies Drive US Dollar's Worst First-Half In 50 Years | Firstpost America | N18G

Trump Policies Drive US Dollar's Worst First-Half In 50 Years | Firstpost America | N18G The US dollar recorded its worst first-half performance since 1973, falling 10.8% against major global currencies. Analysts cite President Trump’s trade tariffs, new spending plans, and concerns over Federal Reserve independence as key factors. The euro, yen, Swiss franc, and several emerging market currencies have strengthened. A weaker dollar makes US exports more competitive but raises import costs and could fuel inflation. Pressure on the dollar has also increased as investors now expect multiple Fed rate cuts. Meanwhile, gold prices surge over 1% on Tuesday (July 1) amid market uncertainty over US economic policies. Watch to know more. ---- US Dollar | Donald Trump | Firstpost America | Eric Ham | War | Geopolitics | Global Economy | Firstpost | World News | Latest News | Global News | International News | Trending News #dollar #donaldtrump #firstpostamerica #ericham #war #geopolitics #economy #firstpost #worldnews #latestnews #globalnews #internationalnews #trendingnews Firstpost is an Indian news and media website. Get all the incisive opinions, in-depth analyses and other visual stories that matter to you and the world right here on this channel. Subscribe to Firstpost channel and press the bell icon to get notified when we go live. https://www.youtube.com/@Firstpost Follow Firstpost on Instagram: https://www.instagram.com/firstpost/ Follow Firstpost on Facebook: https://www.facebook.com/firstpostin/ Follow Firstpost on Twitter: https://twitter.com/firstpost Follow Firstpost on WhatsApp: https://www.whatsapp.com/channel/0029Va6zOIrEQIamseyg762V