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Dollar's Free Fall: Trade Wars Send America's Piggy Bank Into a Dizzy

Reading time: 2 min • May 5, 2025, 11:03 PM (UTC)

Key Points

  • The U.S. dollar is struggling globally, hitting a historic l...

Uncle Sam's trusty greenback seems to be having a midlife crisis, losing its swagger in global markets faster than a Wall Street trader loses their hair during earnings season.

Tariffs and Tantrums

The U.S. dollar hit rock bottom against the Taiwan dollar on May 5, 2025, marking a historic low that has economists reaching for their stress balls. President Trump's tariff-heavy trade policies, initially marketed as America's golden ticket to prosperity, are instead giving investors worldwide a serious case of the jitters.

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