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Trump's Trade Policies Blamed for Dollar's Historic Decline

7/20/2025

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Summary

Story summary

At a signing event for the GENIUS Act, President Trump asserted that a "smart president" would prevent the dollar's value from plummeting. However, the dollar has fallen over ten percent since his inauguration, marking its worst start in decades. Critics blame this decline on Trump's trade policies and his contentious relationship with the Federal Reserve.

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Story summary

At a signing event for the GENIUS Act, President Trump asserted that a "smart president" would prevent the dollar's value from plummeting. However, the dollar has fallen over ten percent since his inauguration, marking its worst start in decades. Critics blame this decline on Trump's trade policies and his contentious relationship with the Federal Reserve.