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Trump’s Policies Would Likely Boost Dollar

July 25, 2024 · 2:02 pm ET · Leave a Comment

“Donald Trump wants to be a weak-dollar president. But he’s running on a strong-dollar platform,” Bloomberg reports.

“That’s the prevailing view of Wall Street economists who’ve run the numbers on Trump’s second-term plans. Tariffs on US trade partners, and tax cuts that could push inflation and interest rates higher, add up to a mix that would encourage the greenback to rise, they reckon – all else being equal.”

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Taegan Goddard

Taegan Goddard

Taegan Goddard is the founder of Political Wire -- which for more than two decades has been one of the nation's most influential political news sites.

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