this post was submitted on 18 Apr 2025
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[–] [email protected] 3 points 1 day ago

While this has been historically true, it's not working this time.

But the dollar not only failed to strengthen this time, it fell, puzzling economists and hurting consumers. The dollar lost more than 5% against the euro and pound, and 6% against the yen since early April.

As with most things happening under this US administration, he pushes things to the breaking point to see how it reacts. He's stress testing the global economy. From there, I would guess that he'd back off just before the breaking point and move on to something else.