GeneralNeutralFortune Crypto · May 37/10
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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
The U.S. dollar has depreciated 10% under Trump's administration, reflecting his stated preference for a weaker currency to boost American competitiveness. While this benefits multinational corporations with overseas earnings, it functions as a hidden tax on domestic consumers by raising prices for imports, travel, and goods—offsetting any industrial advantage.
