The dollar’s strength has widened the trade deficit by making US exports more expensive and goods it imports cheaper, defeating a purpose of Trump’s tariffs.
Donald John Trump, born June 14, 1946, is the 45th and current President of the United States. He defeated Democratic rival Hillary Clinton in the general election of 2016, and was inaugurated as president on January 20, 2017. He is the oldest person ever to assume the presidency and the first without prior military or government service. He was preceded by Barack Obama, who was in office for two terms between January 20, 2009 and January 20, 2017.