He said, “Most people would think the dollar should, could, and would weaken further this year.”Impacts On US Purchasing PowerA weaker dollar means reduced purchasing power for Americans, particularly overseas travelers. Geopolitical Factors And Policy UncertaintyThe latest dip in the dollar has been partly attributed to concerns over the Trump administration’s unpredictable policies. Brooks warned that while a weaker dollar might benefit US companies by making exports more competitive, the long-term benefits could be limited if the decline is driven by poor policy decisions. Trump, who has long advocated for a weaker dollar, recently commented that the currency was “doing great” despite its falls. A weaker dollar could help make US exports more attractive, though Brooks noted that a sustained drop due to market concerns over US policies could signal larger problems.