←back to thread

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

(www.semafor.com)
124 points harambae | 2 comments | 04 Jul 25 06:47 UTC | HN request time: 0.417s | source
Show context
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. throw101010 ◴[04 Jul 25 08:50 UTC] No.44462568[source]▶
> Which situationally, some industrial sectors will want

No major US export sector operates exclusively as an exporter without any exposure to imports or global supply chains. Even the largest US exporting industries (oil and gas extraction, civilian aircraft and parts, and pharmaceuticals) rely in varying degrees on imported inputs, components, or capital equipment... which companies are you talking about?

replies(1): >>44463393 #
2. ggm ◴[04 Jul 25 10:57 UTC] No.44463393[source]▶
I was talking about oil and gas mainly. I'm unsure if US steel is competitive with any other producer, it's probably ring-fenced markets only. I hadn't thought about their exposure to imports on the production side, your point is good.