US Dollar (Currency)

US Dollar Keeps Falling as Trump’s Tariffs Rattle Investors

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US Dollar Keeps Falling as Trump’s Tariffs Rattle Investors

The U.S. dollar extended its slide against other major currencies on Monday, the latest sign that investors may be starting to shun what has long been the safest haven in global financial markets. An index that tracks the dollar against a basket of major trading partners fell for a fifth straight day, even as U.S. … Read more

U.S. Trade Deficit Hit Record in 2024 as Imports Surged

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U.S. Trade Deficit Hit Record in 2024 as Imports Surged

The U.S. trade deficit in goods hit a record $1.2 trillion last year, as American consumers snapped up imported products and a strong U.S. dollar weighed on export growth. Data released Wednesday morning by the Commerce Department showed that U.S. imports of goods and services grew 6.6 percent to a record $4.1 trillion, as Americans … Read more