Economics 101 dictates that higher tariffs strengthen the value of a country's currency, but Trump's tariff announcement sent the value of the U.S. dollar plunging.
Why it matters: It's a sign that … [+3337 chars]
Why the dollar is doing what it's not supposed to do - Axios
The magnitude of these tariffs is changing the equation when it comes to the dollar's behavior.
By:Emily Peck, Jason Lalljee
Source:Axios
Published:
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