Story perspectives

Trump Era Dollar Falls 10%, Boosting Multinationals, Squeezing Exporters

5/3/2026

Summary

Story summary

Since President Donald Trump returned to office, the U.S. dollar has dropped 10% against currencies, raising costs for American households.
Multinational firms such as Philip Morris and Coca-Cola report higher earnings from the weaker dollar, while small exporters like LobsterBoys face higher import costs that squeeze profit margins.
Gentell’s overseas production costs rose with the dollar’s decline, forcing price hikes that add to existing tariffs and fuel-price spikes for consumers.

1 of 1

Story summary

Since President Donald Trump returned to office, the U.S. dollar has dropped 10% against currencies, raising costs for American households.
Multinational firms such as Philip Morris and Coca-Cola report higher earnings from the weaker dollar, while small exporters like LobsterBoys face higher import costs that squeeze profit margins.
Gentell’s overseas production costs rose with the dollar’s decline, forcing price hikes that add to existing tariffs and fuel-price spikes for consumers.