Dollar slides as Trump shies away from immediate trade tariffs
Euro, sterling and Canadian dollar among currencies to rally sharply against greenback
Read more at Financial Times
Topics
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Trump tariff threats fuel frontloading of trade shipments into U.S., led by China
Companies are expediting cargo shipments into the U.S. ahead of new tariffs from President-elect Trump, with Chinese trade the biggest on the move.CNBC - 3d -
Canada Readies Billions of Dollars in Retaliatory Moves to Trump Tariff Threat
The government is preparing for the possibility that the incoming U.S. administration will impose high tariffs on Canadian goods, setting the close allies up for a showdown.The New York Times - 4d -
‘TARIFFS all the way!!!’: EU mulls carrots and sticks to counter Trump on trade
Bloc may ward off incoming president’s threats by buying more US goods, or impose its own tariffs in retaliation. If there is one thing the EU knows about Donald Trump, it is that he loves tariffs. ...The Guardian - 4d -
Trump fundraises immediately after sentencing
President-elect Trump swiftly tried to raise funds on the heels of his New York hush money sentencing Friday morning, asking supporters if they still “stand with him" in light of the cementing of ...The Hill - Jan. 10 -
Why investors should watch the dollar as markets make sense of Trump’s tariff plans
It had seemed like nothing could stop the U.S. dollar from marching higher. Then a headline about President-elect Donald Trump’s tariff plans landed in traders’ newsfeeds, and suddenly all bets ...MarketWatch - Jan. 8 -
Report of easing tariff plan, which Trump denies, sends dollar lower
Aides to President-elect Donald Trump are weighing more targeted tariffs than was proposed by the campaign, according to a report.MarketWatch - Jan. 6 -
Dollar drops on reports Trump will scale back tariff plans
Shares in European carmakers rally on hopes new US administration targets only critical importsFinancial Times - Jan. 6 -
Trump’s tariff plans could devolve into hostile trading blocs, this expert says
President-elect Donald Trump may try to use tariffs to increase U.S. power in the global economy, but they likely will backfire and damage the U.S. economy, said Maurice Obstfeld, the former chief ...MarketWatch - Jan. 6 -
US homebuilder shares slide on fears of higher rates and Trump tariffs
Threat of rising costs brings post-pandemic rally to a haltFinancial Times - Jan. 4
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Bitcoin touches new all-time of $109,000, then reverses in volatile session on Trump inauguration day
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Trump Holds Off on Tariffs, but Paves the Way for Future Trade Action
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