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No, ordinarily tariffs result in currency appreciation (see https://www.wto.org/english/blogs_e/ce_ralph_ossa_e/blog_ro_11apr25_e.htm https://www.wto.org/englis
by mgh95 1y ago
No, ordinarily tariffs result in currency appreciation (see https://www.wto.org/english/blogs_e/ce_ralph_ossa_e/blog_ro_11apr25_e.htm https://www.wto.org/english/blogs_e/ce_ralph_ossa_e/blog_ro_... for an accessible discussion).
But yes: weaking the dollar was the goal, but the US did not achieve that to the degree of something like the Plaza accords.