The US dollar is getting stronger! This is affecting many big companies, especially those that sell things in other countries. It's like if your allowance was in US dollars and you wanted to buy something in another country where the money was worth less. You'd get less of that country's money for your allowance.
- A strong dollar makes it harder for companies to sell things overseas.
- Many big companies like Apple, Amazon, and Microsoft make a lot of money from other countries, so they are affected by this.
- This is making some companies predict slower growth this year.
Company | Problem |
---|---|
Apple | Less money from international sales |
Amazon | $2.1 billion loss predicted |
Many others | Slower growth expected |