India, May 4 -- A hidden force is quietly pushing up costs for everything from your summer vacation to your weekly grocery bills: a weaker US Dollar.

The dollar has fallen about 10 per cent against other major currencies since President Donald Trump returned to the White House, a pullback potentially playing a role in Americans' concerns about affordability.

"It's kind of a hidden tax," says economist Thomas Savidge of the conservative-leaning American Institute for Economic Research. "What your dollar is going to be able to buy is going to shrink."

A look at where the dollar stands and what it means for you: Historic dollar decline. The US Dollar Index, which measures the greenback against other major currencies, logged its steepest s...