T he U.S. dollar has had its worst start to a year since 1973, weighed down by President Donald Trump 's frenetic trade policy, a worsening outlook for the country's ever-bloating public debt pile, and fears about the independence of the Federal Reserve.

Donald Trump has pushed the dollar to its worst start to a year since 1973 after his trade policies rocked the American economy.

Just seven months into 2025, the U.S. dollar has had its worst start to a year in over half a century, according to a new report by the Financial Times. The dollar index, which measures the dollar’s strength against other major currencies,