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How a Strong Dollar Is Reshaping US Export Competitiveness
With the trade-weighted US dollar index hitting 120.5, American exports are getting more expensive on global markets. Lucas and Luna examine how a persistently strong dollar is squeezing US manufacturers, widening the trade deficit to over $77 billion in May, and creating a competitive headache for companies that sell overseas. They look at the specific impact on industrial goods and services, and what the Fed's next moves could mean for exporters.
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