Trump, Dollar
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The on-again, off-again threat of tariffs and unpredictable behavior is placing the greenback at its greatest risk since the eve of the Great Depression, Jon Talton writes.
The U.S. dollar rallied sharply on Thursday after a court blocked President Donald Trump from imposing his so-called Liberation Day import tariffs, with the currency surging against the euro, yen and Swiss franc in particular.
The U.S. Dollar (DXY) fell on Monday after President Donald Trump decided over the weekend to hold off on imposing 50% tariffs on the EU until July 9, to allow negotiations to continue. The greenback has been charting a decline since Moody’s downgraded the U.
Trump made the announcement as he celebrated a multi-billion dollar deal between the iconic American steelmaker U.S. Steel and the Japanese company Nippon Steel.
By Rae Wee and Johann M Cherian SINGAPORE (Reuters) -The U.S. dollar strengthened against major peers on Thursday after a court blocked President Donald Trump from imposing his import tariffs on other countries,
NPR sued the Trump administration Tuesday to block its attempt to revoke federal funding for NPR and PBS—the latest legal battle between President Donald Trump and the media as he’s sought to use his government powers to target organizations he views unfavorably.
Stocks fell Friday after President Donald Trump said China has “totally violated” its trade agreement with the United States, sending another jolt to markets after a whiplash week of tariff developments.
By Wayne Cole SYDNEY (Reuters) -Asian shares and Wall Street futures jumped in Asia on Thursday after a U.S. federal court blocked President Donald Trump's "Liberation Day" tariffs from going into effect,