The US Dollar Is Strong, but This Actually Hurts American Companies

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A strong dollar has already knocked off forty billion dollars from north ame an company's earnings. The f t k do good explains why, when the dollar is stronger, it means that companies that have large exposures to international markets often lose money. That's especially true for a company like micro soft which depends on a lot of sales of software and lap tops.

The World Trade Organization is facing a credibility crisis during its first meeting since 2017, the increased value of the US dollar is hurting American companies, and Ukraine lays out a weapons shopping list ahead of its meeting with western defence ministers today.

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The FT News Briefing is produced by Fiona Symon, Sonja Hutson and Marc Filippino. The show’s editor is Jess Smith. Additional help by Peter Barber, Michael Lello, David da Silva and Gavin Kallmann. The show’s theme song is by Metaphor Music. Topher Forhecz is the FT’s executive producer. The FT’s global head of audio is Cheryl Brumley.

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