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Dollar, Trump and sweeping tariffs

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Barron's |
This prompted huge concerns about the impact on the U.S. economy.
Reuters |
Wall Street benchmarks slumped on Thursday, ending with the largest one-day percentage losses in years, as U.S. President Donald Trump's sweeping tariffs ignited fears of an all-out trade war and a g...

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Dollar Stays Weak After Tumbling Following Tariff Announcement
The U.S. dollar remains weak after the DXY index slumped to a six-month low on Thursday following President Donald Trump's announcement of sweeping tariffs. This prompted huge concerns about the impact on the U.
Trump’s Tariffs Were Supposed to Boost the Dollar. Why the Opposite Happened.
Worries that long-term U.S. growth will fade could matter more for the currency than the mechanical impact of tariffs.
Shares bruised, dollar crumbles as Trump tariffs stir recession fears
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.
Wall Street ends with heavy losses on fears Trump tariffs will trigger recession
S&P 500 companies lost a combined $2.4 trillion in stock market value in Thursday's selloff, their biggest one-day loss since the pandemic sent global markets into a tailspin on March 16, 2020.
Dow plunges and dollar weakens as recession fears grip Wall Street
Global markets on Thursday were severely rattled by President Donald Trump’s historic tariff announcement, which threatens to throw the US and the rest of the world into a recession.
Global markets reel as Trump tariffs stoke fear of economic 'spiral of doom'
President Donald Trump's punishing tariffs rocked global financial markets on Thursday, with the dollar and U.S. stocks tumbling as investors rushed to safe havens on fears a broadening trade war would push an already fragile world economy into recession.
The Economist4h
How worrying is the weakening dollar?
Yet it is the weakening of the dollar that has shocked the most. After all, reasoning from first principles you would expect Mr Trump’s protectionism to strengthen the currency. By raising the prices Americans must pay for foreign goods,
Republicans Advance Trillion-Dollar Tax Cuts As Trump Threatens To Blow Up Economy
Tariffs? What tariffs? Senate Republicans are rushing to pass tax cuts while odds of an economic recession spike.
Exclusive: SpaceX, ULA expected to clinch multibillion-dollar contract in key Pentagon launch program
Elon Musk's SpaceX and United Launch Alliance are expected to each win a U.S. Space Force rocket launch contract on Friday worth billions of dollars to send some of the Pentagon's most sensitive satellites into space over the next several years,
The dollar is spiraling amid a 'confidence crisis' sparked by Trump's trade war
"We are becoming increasingly concerned that the dollar is at risk of a broader confidence crisis," Deutsche Bank wrote.
Why Is the Dollar Tumbling?
The dollar fell sharply on Thursday, as investors bet President Trump's tariffs will blow back on the U.S. economy. The WSJ Dollar Index fell about 1.5% to its lowest level since mid-October. The greenback posted losses against most peers,
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Analysis-Next up for markets: A crisis of confidence in the dollar
By Dhara Ranasinghe, Alun John and Gertrude Chavez-Dreyfuss LONDON (Reuters) -In times of market panic investors tend to rush to the safety of the dollar, but when stocks swooned in response to U.S. tariffs this week,
Dollar in the Doldrums Following Tariffs
The U.S. dollar isn’t looking so mighty on Thursday. The greenback fell against a basket of other global currencies in the wake of President Donald Trump’s tariff announcement. The U.S. Dollar Index was down nearly 2% in midday trading and has now fallen nearly 7% since Inauguration Day.
Dollar Wipes Out Post-Trump Rally as Tariffs Upend Global Growth
The dollar has wiped out all of its gains since Donald Trump won the presidency in November as a new wave of tariffs upended global markets.
Canadian dollar pares weekly gain as jobs data lifts rate cut bets
The Canadian dollar weakened against its U.S. counterpart on Friday, giving back some of its weekly gain, as oil prices tumbled and domestic data showed the global trade war beginning to hurt the labour market.
FingerLakes1.com6h
Dollar Tree sells Family Dollar for $1 billion after years of struggle
Dollar Tree is offloading Family Dollar for $1 billion, ending a troubled 10-year acquisition. Here's why Dollar Tree is changing course.
What the dollar’s bad day shows
US tariffs, the consensus story goes, push the dollar up. Tariffs lower demand for imports, resulting in fewer dollars getting swapped for foreign currencies. That decreases demand for euros, yen and the rest, and raises the dollar’s relative value.
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