The US dollar has weakened nearly 4% since January, creating a silver lining for American multinational companies amid concerns about tariffs and trade wars.
This currency shift benefits US firms with international operations because a weaker dollar makes American goods more competitive abroad and increases the value of overseas earnings when converted back to dollars.
While companies like McDonald’s and Uber had previously warned about negative currency impacts on 2025 profits, the recent dollar decline could help offset these concerns, particularly for businesses that derive significant revenue internationally.