Auto industry profits soared, stock prices increased. The American consumer, the same consumer that was yelling, Buy American ended up paying more for Japanese and American automobiles as a result of this government action. When all was said and done, U.S. automakers had not gained any significant gains in market share.
Agriculture generally benefits from a weak U.S. dollar.
When the dollar is weak , American commodities are cheaper for foreign countries to purchase. Corn, wheat, and soybean exports generally increase as the dollar weakens. But remember, a weak dollar makes imports from other countries more expensive to consumers and can help fuel inflation.