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Why is the US dollar falling by record levels in 2025?

The United States dollar has had its worst first six months of the year since 1973, as President Donald Trump’s economic policies have prompted global investors to sell their greenback holdings, threatening the currency’s “safe-haven” status. The dollar index, which measures the currency’s strength against a basket of six others, including the pound, euro and…

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Trump says will ‘take a look’ at deporting Musk

WASHINGTON: US President Donald Trump said Tuesday he could consider deporting Elon Musk, after the South African-born billionaire slammed his flagship spending bill. Trump also said the Department of Government Efficiency (DOGE) — which Musk headed before stepping down late May — may train its sights on the Tesla and SpaceX founder’s government subsidies. “I…

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📰 US Trade Strategy Tightens Ahead of Resurgent Tariff Threat

As July 9, 2025 approaches, the Biden–Trump tariff saga enters a critical new phase. With the deadline looming for the possible reimposition of steep reciprocal tariffs, U.S. trade negotiators have recalibrated their approach—setting aside earlier ambitions for sweeping trade deals in favor of more targeted, sectoral agreements. 1. From Grand Vision to Tactical Moves In early April,…

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