The Economist: world is on the verge of a difficult new period of strong-dollar geopolitics

The dollar is looking increasingly formidable.

Democrats and Republicans determined to promote American manufacturing, the world is on the verge of a difficult new period of strong-dollar geopolitics.

The country’s persistent trade deficit  

President Joe Biden a strong dollar complicates his manufacturing agenda.

Robert Lighthizer, the architect of tariffs against China during Mr Trump’s time in the White House, wants to weaken the dollar, according to Politico, a news website.

Risk of further tariffs and sanctions.

The Economist 23 April 2024

https://www.economist.com/finance-and-economics/2024/04/23/why-a-stronger-dollar-is-dangerous


The U.S. trade deficit in goods widened to $90 billion in January

OBS att det är en månadssiffra.

The U.S. trade deficit in goods widened to $90 billion in January (englundmacro.blogspot.com)



Trump Says US Should Join "Great Currency Manipulation Game" By Devaluing Dollar

zerohedge 3 July 2019

https://englundmacro.blogspot.com/2019/07/trump-says-us-should-join-great.html


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