Donald Trump, dollar and tariffs
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On Thursday, stocks tumbled in the U.S., Europe and Asia following Trump’s unveiling of a raft of punishing “Liberation Day” tariffs.
From The Wall Street Journal
President Donald Trump’s top economic advisers brushed off recession fears Sunday and said dozens of countries are looking to negotiate for better deals, after stocks tumbled last week following the a...
From MarketWatch
Donald Trump has threatened China with an additional tariff of 50% on goods imported into the US if it does not withdraw a countermeasure, as global markets tumbled for a third day.
From BBC
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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.
The U.S. dollar fell on Tuesday while the euro perked up as stocks bounced in Asia and Europe on hopes that U.S. President Donald Trump will enter negotiations over his sweeping tariffs that have roiled markets for three days.
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
5don MSN
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.
Small sneaker makers and huge companies like Nike face challenges from tariffs, as many sneakers are made in China, Vietnam and Taiwan, which have been hit with tariffs on goods sent to the United States.
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.
The dollar, one of the world's safest places to park money in times of turmoil, has been shunned by investors as an option for now as uncertainty over tariffs and concern over their impact on U.S. growth intensify.
Cambodia got hit with the highest tariff rate in President Trump's global trade war, at 49%, even though its trade surplus with the U.S. is relatively low compared with other nations. Among U.S. retailers importing from Cambodian factories are Under Armour,
"Trump's return to office has created a genuine threat to [the dollar's] status for the first time in generations," according to Columbia University experts.
The dollar firmed a touch and other currencies held in tight ranges on Wednesday as traders anxiously awaited details of U.S. President Donald Trump's tariff plans later in the day that could set the tone for markets in the near term.