Yahoo Finance

The real risks behind a stronger US dollar

The US dollar (DX-Y.NYB) has strengthened following President-elect Donald Trump's announcement of proposed 25% tariffs on Mexico and Canada, adding to his previous campaign rhetoric of potential 60% tariffs on China. This development has raised questions about the potential economic implications of a robust dollar. Yahoo Finance Markets & Data Editor Jared Blikre analyzes the dollar's strength and its potential impact on American consumers and the broader market (^DJI, ^IXIC, ^GSPC). While a strong dollar might initially seem beneficial, Blikre explores its economic drawbacks. To watch more expert insights and analysis on the latest market action, check out more Wealth here. This post was written by Angel Smith