Trump, tariffs
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Reuters |
Investors sold the dollar and poured into safe havens like the yen and Swiss franc on Monday after U.S. President Donald Trump unleashed sweeping tariffs on the world.
Yahoo |
President Trump's announcement of tariffs against all the United States' trade partners sent shockwaves through the financial markets this week.
AOL |
Wall Street stock futures opened sharply lower on Sunday suggesting a rough start to the trading week as investors worried that a global trade war could push the U.S. economy into a recession after P...
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14hon MSN
A key dollar index fell about 3% in the 24 hours surrounding Trump's tariff announcement and is now back to pre-election levels.
The US dollar has been falling as President Donald Trump rolls out his tariffs, and it plunged after he unveiled much steeper-than-expected duties on "Liberation Day." That goes against what markets had anticipated before he launched his trade war.
Worries that long-term U.S. growth will fade could matter more for the currency than the mechanical impact of tariffs.
The dollar has wiped out all of its gains since Donald Trump won the presidency in November as his aggressive tariffs upend global markets.
Stocks limped to the end of the week on Friday, the dollar was set for its worst week in a month while gold flirted with a record peak as investors feared U.S. President Donald Trump's sweeping tariffs would tip the global economy into a recession.
The dollar weakened this week in response to President Donald Trump’s announcement of sweeping tariffs, a troubling sign for the administration and consumers. On Wednesday, Trump announced 10% tariffs on all imports and higher tariffs on certain countries based on trade deficits.
That's how much the WSJ Dollar Index has now lost this year. The dollar now weaker than it was on Nov. 5, before a post-election rally. Here's why consensus expectations for a stronger U.S. currency p
The buck is weakening despite Trump’s tariffs. To protect themselves, investors should consider buying shares of companies that do a lot of business abroad, SocGen says.
Tariffs will be enacted on roughly $4 trillion in goods imported annually to the United States once the large wave of country-specific higher rates take effect on April 9. Here’s where Trump’s tariffs stand now, and what’s coming next:
President Trump says his new tariffs will grow the U.S. economy. But how much will this growth plan cost you? What you need to know.
President Donald Trump may hope his tariffs bring manufacturing and jobs to the U.S., but the reality is not so simple, according to experts.
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