Worries that long-term U.S. growth will fade could matter more for the currency than the mechanical impact of tariffs.

The dollar has wiped out all of its gains since Donald Trump won the presidency in November as his aggressive tariffs upend global markets.

The dollar weakened this week in response to President Donald Trump’s announcement of sweeping tariffs, a troubling sign for the administration and consumers. On Wednesday, Trump announced 10% tariffs on all imports and higher tariffs on certain countries based on trade deficits.

That's how much the WSJ Dollar Index has now lost this year. The dollar now weaker than it was on Nov. 5, before a post-election rally. Here's why consensus expectations for a stronger U.S. currency p

We are the boots on the ground,” Tether Chief Executive Paolo Ardoino told MarketWatch, “building the biggest distribution network, physical and digital, for the U.S. dolla

Tariffs will be enacted on roughly $4 trillion in goods imported annually to the United States once the large wave of country-specific higher rates take effect on April 9. Here’s where Trump’s tariffs stand now, and what’s coming next:

But some economists predict Americans will feel the pain – at least in the short term – and low-income Americans most of all. Start the day smarter. Get all the news you need in your inbox each morning.

The dollar, one of the world's safest places to park money in times of turmoil, has been shunned by investors as an option for now as uncertainty over tariffs and concern over their impact on U.S. growth intensify.

President Donald Trump’s announcement of sweeping new tariffs triggered the worst day for stock markets in five years on Thursday, sending shockwaves across the nation and in Alabama. “When you dump over the apple cart, it’s totally expected to have major ramifications,” Retirement Systems of Alabama CEO David Bronner said Thursday in a statement.

President Donald Trump may hope his tariffs bring manufacturing and jobs to the U.S., but the reality is not so simple, according to experts.