The dollar has fallen 10% under Trump. It helps big multinational companies but is a ‘hidden tax’ raising costs from vacations to groceries
- Posted on May 3, 2026
- By Fortune
- 0 Views
- 1 min read
The dollar has fallen 10% under Trump. It helps big multinational companies but is a ‘hidden tax’ raising costs from vacations to groceries
Trump has suggested a strong dollar puts the U.S. at a disadvantage and that a weak dollar helps American industry.