The US dollar experienced its worst first-half decline in over 50 years, dropping 10.7% against major currencies. This follows President Trump's imposition of harsh tariffs, sparking fears among global investors. While some speculate this devaluation aligns with Trump's aim to boost domestic manufacturing, the White House denies this. Experts warn that Trump's policies, coupled with rising government debt, are eroding confidence in the dollar, potentially leading to further weakening. The decline contrasts with the initial surge following Trump's re-election.

Prepared by Christopher Adams and reviewed by editorial team.