Trump 2.0: Why a strengthening US dollar should worry you? Explained in 5 points
- Posted on November 14, 2024
- By Business News Today
- 1 Views
Trump 2.0: Why a strengthening US dollar should worry you? Explained in 5 points
The US dollar is the worlds dominant currency and plays a key role in global trade. Policy and economic decisions in Washington frequently reverberate widely. A strong dollar is a good news for the US but might spell trouble for the rest of the world. Besides being the go-to currency for international financial transactions, commodities such as oil are also bought and sold in US dollars.