dollar, Trump trade threat
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The US dollar is on the slide, while investors are shying away from the world's reserve currency and traders grow increasingly uncertain about Donald Trump's economic policy.
By all appearances, a ghost from the 1980s is pacing the corridors of the White House once more. The phrase “Plaza Accord 2.0” is being quietly whispered,
ORLANDO, Florida, May 27 (Reuters) - If the United States is to significantly reduce or, whisper it, eliminate its trade deficit, the dollar will probably have to weaken a lot. How much is unclear, though, as history shows large dollar declines are rare ...