Under Pressure: The U.S. Dollar

©iStock/Leonardo Penuela Bernal

Bernhard Warner reports that President Trump’s tariffs are expected to sock most countries this year and next, the O.E.C.D. said. But the hit to the United States is especially spooking economists and Wall Street, who worry about lower growth colliding with a Republican spending bill that packs big tax cuts — and gargantuan deficits.

All of that is putting pressure on the [U.S.] dollar.

from The Global Small Business Blog https://ift.tt/VZIQ6zS