Donald Trump's strategy to weaken the dollar could already be a success—in making it too expensive for Americans to travel to Europe [Fortune]
AIR FRANCE-KLM ADS (AFLYY)
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Source: Fortune
An unpopular one might be his voters paying more for their Summer holiday to Europe. Airlines are sounding the alarm on a troubling trend of falling demand from their crucial U.S. market, amid growing signs that Trump's clampdown on foreign trade will filter through to everyday Americans. The dollar has declined against the euro and the British pound since Trump took office in January, reversing a consistent trend of a strengthening dollar during the Joe Biden administration. That period of dollar supremacy encouraged a transatlantic spending spree by U.S. travelers, epitomized by a wave of American Taylor Swift fans swarming to Europe to watch the singer perform her Eras Tour last Summer. Analysis at the time from CNN showed that it was consi
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