Dollar Sinks as Trade Tensions Drive Investors Toward Asia

The US dollar’s value dropped on Wednesday, shedding significant ground against other currencies amid heightened trade tensions between the US and China. Investor uncertainty fueled a sell-off of American assets, with the dollar index hitting its lowest point in nearly three years. Analysts suggest this trend is a response to ongoing tariff disputes and potential supply chain disruptions. The decline came after a brief rebound on Tuesday, when the dollar briefly reached 100.2, its first gain in nearly a week.