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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
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.
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Author
Fortune

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