WASHINGTON (AP) — President-elect Donald Trump's ambitious plans to revive exports, return jobs to the United States and increase oil drilling are running up against a home-grown threat:
The surging U.S. dollar.
Since the Nov. 8 election, the dollar has shot up 5 percent. An index that tracks the dollar against other major currencies reached a 14-year high after the election before dipping a bit since then.
Read Full Article »