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. #youtube #news #stocks About Yahoo Finance: Yahoo Finance provides free stock ticker data, up-to-date news, portfolio management resources, comprehensive market data, advanced tools, and more information to help you manage your financial life. - Get the latest news and data at finance.yahoo.com - Download the Yahoo Finance app on Apple (https://apple.co/3Rten0R) or Android (https://bit.ly/3t8UnXO) - Follow Yahoo Finance on social: X: http://twitter.com/YahooFinance Instagram: https://www.instagram.com/yahoofinance/?hl=en TikTok: https://www.tiktok.com/@yahoofinance?lang=en Facebook: https://www.facebook.com/yahoofinance/ LinkedIn: https://www.din.com/company/yahoo-finance
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