The US dollar is on the rise, and this shift is making waves across global markets. While US consumers may benefit from lower import costs, businesses operating on a global scale are facing both new opportunities and unique challenges.
For exporters, the stronger dollar makes US-made products less competitive abroad, posing difficulties for those with international operations.
But what does this surge mean for multinational businesses? As the dollar rises, it may affect your global competitiveness, especially if you rely on foreign markets. Keep reading to discover how to stay ahead in today’s global market.
