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The US dollar is on track for its worst year in modern history

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124 points harambae | 1 comments | 04 Jul 25 06:47 UTC | HN request time: 0.204s | source
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jamisteven ◴[04 Jul 25 07:19 UTC] No.44461982[source]▶
Entirely by design.
replies(1): >>44462042 #
ggm ◴[04 Jul 25 07:29 UTC] No.44462042[source]▶
Cheaper dollar boosts US exports. Makes imports more expensive even before tarrifs. Which situationally, some industrial sectors will want. The exporting ones. The ones reliant on imports, less such.

The US isn't self sufficient in food. Food imports are going to get more expensive.

replies(4): >>44462222 #>>44462413 #>>44462568 #>>44463729 #
1. surgical_fire ◴[04 Jul 25 08:26 UTC] No.44462413[source]▶
> Cheaper dollar boosts US exports

Countries may be unwilling to trade with an increasingly belligerent US that slaps everyone with tariffs. In fact, many will just slap the US with tariffs and other barriers of their own.