Former U.S. President Donald Trump wants to be a weak-dollar president, but he’s running on a strong-dollar platform.
That’s the prevailing view of Wall Street economists who’ve run the numbers on Trump’s second-term plans.
Tariffs on U.S. trade partners, and tax cuts that could push inflation and interest rates higher, add up to a mix that would encourage the greenback to rise, they reckon, all else being equal.