The U.S. dollar experienced its steepest decline in six weeks, falling to a six-week low on Tuesday after economic data revealed the negative impact of President Trump’s trade policies on the American economy. The dollar index dropped 0.8%, reaching a level last seen in late April. Compared to the Japanese yen, the dollar reached near-weekly lows at 142.71, while the euro climbed back to $1.1446, its highest point in six weeks. Analysts are anticipating further insights into the trade war’s impact through upcoming data releases on factory production and job growth. While global stock markets have rebounded from the initial downturn, the dollar continues to weaken against other currencies.