Trump, Dollar and the tariffs
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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.
By Kevin Buckland TOKYO (Reuters) -Stocks slipped in Asia on Friday and the U.S. dollar drooped with Treasury yields as investors digested an appeals court decision to keep President Donald Trump's tariffs in effect,
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Elon Musk Steps Down From DOGE Role But Vows To ‘Advise’ Trump, Eyes Trillion-Dollar Reform LegacyElon Musk has officially stepped down as head of the Department of Government Efficiency (DOGE) but vowed to continue advising U.S. President Donald Trump. Musk, wearing a “Dogefather” T-shirt, promised the project will thrive beyond his tenure and reduce a trillion dollars in government waste.
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.
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.
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.
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