Trump tariffs weaken dollars instead of cultivating

• US dollars fell President Donald Trump plunted after his tariffs and opened his tariffs and “Freedom Day” more than expected than expected than expected. Prior to the start of the trade war, which markets are expected. The weak greenback is more expensive imported in addition to the costs of the Trump’s aggressive import taxes.

President Donald Trump’s tariffs flushed the dollar, taking the expectations for a stronger greenback, will be added to the price of Americans to receive after receipt after import taxes.

So far, this year, this year, the US dollar index, which follows the greenery against a basket of other global currencies, has reduced 4.7%, as the investors have increased prices for widespread duty.

After the introduction of tariffs in China, Canada, Mexico, Steel, Steel, Steel, Steel, Alumor and Auto earlier this year, Trump, global markets shocked with fresh tariffs to each steep trade partner.

Fitch ratings estimated that the total effective tariff speed will be about 25% –The highest since 1909More than 10 times rating from the previous estimate of the 18% ratio and 2.3% last year. As a result JPMorgan economists raised their recession to 60% From 40%.

This “Freedom Day” As the continuous drops of subsequent tariffs exceeded the persistent drops and American assets, the announcements, which are the worst circulation loss in about 10 years, noted the dollar index, the worst day of the day.

But it was not necessary to have this way. Presidential campaign and later Wall Street “Trump trade” Tariffs included a bet on the balance of exports and imports to raise the US in favor of the United States and the United States. Instead, true tariffs for the opening of Trump was Draconian “American exception” U.S. economy and financial markets boasted once.

The companies are expected to take part in the tariff costs and pass the remaining parts to consumers. With some calculations, Automatic tariffs price not only It means a $ 5000-1000 worth of price increase for a vehicle.

Meanwhile, Larry Summers, the former Treasury Secretary, said the overall net effect Tariffs will cost approximately $ 300,000.

On top of that, a weak dollar will result in higher prices for the import of certain countries. For example, a car worth 50,000 euros, for example, for about $ 55,000 for about $ 55,000 to $ 55,000 to $ 1,095 in the finishing of $ 1,095.

This award may be more likely to be $ 1,02 in the summit of about $ 4,000, Trump trade since January and the exchange rate will be 1.02 dollars.

The flip would be cheaper than importing a more powerful dollar on the side. Scott Bessentin for the Treasury Secretary of the approval meeting of January January The dollar may appreciate 4% In response to a 10% tariff, “thus 10% impassable” to consumers.

In turn, Trump, last weekend, when prices in foreign cars rise, consumers will receive American cars broke the concerns These car tariffs will increase the prices of carmeyers.

“If people raise prices for the start of American-made cars, if they raise prices, I could not pay less attention,” he said.Reporting with NBC NewsSaturday.

“I couldn’t take less caring. I hope they raise their prices because if they do, people will receive American-made cars.”

This story was first displayed Fortune.com

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