Jim Power: Weak dollar adds to challenges for the EU — including Ireland 

A likely 10% tariff would compound the 15% currency appreciation to make EU exports to the US significantly less competitive

When Donald Trump took office in late January, the dollar was trading around $1.0250 against the euro. Today it is trading just under $1.18 — an appreciation of over 15% in the value of the euro. 

As we approach the end of the first six months of US president Donald Trump’s second coming, we can conclude that it has been dramatic, chaotic, uncertain, volatile — or whatever other adjective one chooses.

However, the significant decline in the value of the dollar has been one of the most noteworthy developments.