What the Weak Dollar Means for the Global Economy

“The unexpected weakening of the U.S. dollar is suddenly becoming the rest of the world’s problem,” the Wall Street Journal reports.

“For foreign sellers of all manner of goods, including cars, cognac and Scottish tweed, the dollar’s steep slide is a double whammy, compounding losses caused by President Trump’s import levies. For central banks around the world, the rapid strengthening of their own currencies heaps pressure to cut interest rates more aggressively.”