T he U.S. dollar has had its worst start to a year since 1973, weighed down by President Donald Trump 's frenetic trade policy, a worsening outlook for the country's ever-bloating public debt pile, and fears about the independence of the Federal Reserve.

It has continued to slide even as President Trump has backed down from his tariff threats and the U.S. stock market has recovered from its losses.

The U.S. dollar is facing unprecedented challenges, marking its weakest start to a year since 1973. This decline aligns with the progression of President Trump's 'One, Big, Beautiful Bill,' which has cleared a significant Senate hurdle.