Is the US dollar at risk of a ‘confidence crisis’? | Business and Economy News

Amid the financial market fallout which followed Donald Trump’s “Liberation Day” tariff announcement on April 2, the value of the US dollar has plunged.

But while United States stock markets have largely recovered since then, the greenback – which typically gains in value during periods of financial turbulence – has continued its downward trajectory.

This is because the severe nature of Trump’s international trade policies has raised the possibility of a US recession later this…