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Trump, US dollar and reciprocal tariffs

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South China Morning Post |
US President Donald Trump announced Wednesday he will apply at least a 10 per cent tariff on all exporters to the US, with even higher duties on some 60 nations to counter large trade imbalances with...
Reuters |
Britain said it believed a trade deal with the United States was close as it sought to soften the impact of U.S. President Donald Trump's sweeping tariffs which threaten an escalating global trade wa...
Reuters |
Sterling climbed to a six-month high against the dollar on Thursday as traders abandoned the U.S. currency after President Donald Trump's expansive trade barriers stoked fears of a global slowdown in...

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Stocks sell off, US dollar weakens as Trump tariffs fuel economic worries
Stock indexes tumbled on Thursday, with the S&P 500 down more than 4%, while the U.S. dollar weakened and oil prices fell more than 6% as President Donald Trump’s drastic U.S. trade tariffs stoked fears of a global recession and led investors to seek safe-haven assets like bonds and the yen.
EUR/USD rallies as US Dollar bleeds after Liberation Day
EUR/USD soars above 1.1000 as the US Dollar has been hit hard by Trump’s reciprocal tariffs announcement.
US dollar weakens against yen, Swiss franc on concern of Trump tariffs’ economic impact
The Bloomberg Dollar Spot Index fell as much as 1 per cent to the lowest since November, with the US dollar sliding sharply versus the yen and Swiss franc.
UK pins hopes on US trade talks after Trump tariff blitz
Britain said it believed a trade deal with the United States was close as it sought to soften the impact of U.S. President Donald Trump's sweeping tariffs which threaten an escalating global trade war that would hurt its open economy.
Trump tariffs latest: US President unleashes sweeping tariffs on UK and rest of world in 'major blow to global economy'
President’s ‘Liberation Day’ announcement spares UK from worst of tariffs but will undo trade arrangements that have been in place since 1947
Pound steady but edgy as investors await Trump tariff plans
The pound was little changed on Wednesday, with global markets in limbo ahead of U.S. President Donald Trump's long-awaited tariff announcement later in the day, which has the potential to further cool the already tepid UK economy.
Sterling soars to six-month high as traders dump dollars
Sterling climbed to a six-month high against the dollar on Thursday as traders abandoned the U.S. currency after President Donald Trump's expansive trade barriers stoked fears of a global slowdown in economic growth.
How Trump's tariffs might affect you and your money
The UK has been hit with a 10% tariff on all of its goods being brought into the US, which Trump says is a retaliation to UK tariffs on American goods, but uncertainty remains over the potential impact on British consumers.
UK PM Starmer warns against a trade war amid Trump's tariffs
Canada tensions may impact league What happens on Trump's 'Liberation Day'? Who are the main challengers in Gabon's post-coup election?

Trump, dollar and Trade War

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Top News
Overview
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Insider |
The US dollar dropped sharply Thursday as the US trade war dented investors' confidence in US growth prospects.
U.S. News & World Report |
President Donald Trump is placing steep new tariffs on virtually all U.S. trading partners, stoking fears of rising prices for consumers and deepening trade wars.
The Financial Times |
The instant effect of “liberation day” will be confusion and uncertainty, which for Trump is often intentional.

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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.
US dollar pounded amid fears Trump's trade war will plunge the US into recession
As panic tore through global markets amid warnings of an economic 'spiral of doom', sterling topped $1.32 for the first time since early October.
‘This Could Get Much Uglier’: The Fatal Flaw In Trump’s Trade War
Trump’s radical tariff program is aimed at restoring U.S. manufacturing greatness. He’s getting in his own way.
These Are the Places Affected by Trump's Tariffs
President Donald Trump is placing steep new tariffs on virtually all U.S. trading partners, stoking fears of rising prices for consumers and deepening trade wars
Trump Trade ‘Emergency’ Follows Decades of Anger That America Has Been Ripped Off
Economists and legal experts question how the strongest economy in the world can be facing a national emergency over the trade deficit.
Trump takes America’s trade policies back to the 19th century
For Mr Trump the measures represent an attempt to bring a long era of increasingly free global trade to a definitive end. Such openness has, he argued, allowed other countries to “rip off” America. “For years,
Donald Trump’s beautiful trade war
Countries will struggle to figure out how Trump’s officials calculated each specific rate, which he said was based on a mix of tariffs, subsidies and currency manipulation. A few, such as Brazil and the UK,
Trump Makes Good on Massive Trade War Escalation
US President Donald Trump announced reciprocal tariffs Wednesday, saying he would apply a minimum 10% levy on all exporters to the US. The Republican asserted that dozens of countries with the largest trade imbalances will face even higher rates.
Trump: Trade Deficits Have Become A National Emergency, Our Response Is "Very Kind"
President Donald Trump warned what would happen if the U.S. does not implement tariffs designed to reorganize its place in the global economy during an announcement of global reciprocal tariffs Wednesday: PRESIDENT DONALD TRUMP: Since the very beginning of NAFTA,
US stocks post biggest drop since 2020, dollar falls as Trump tariffs fuel recession fears
Major U.S. stock indexes registered their biggest daily percentage drops since 2020 on Thursday and the dollar weakened as U.S. President Donald Trump's drastic trade tariffs stoked fears of a global recession and led investors to seek safe-haven assets like bonds and the yen.
European banks exposed to risk of US dollar shortfall, says EU watchdog
Banking regulator finds 60 out of 267 banks have insufficient US dollar funding to cover exposures in the currency
Dow drops 1,600 as US stocks lead worldwide sell-off after Trump’s tariffs cause a COVID-like shock
Little was spared in financial markets as fear flared about the potentially toxic mix of weakening economic growth and higher inflation.
US dollar outlook more subdued, but tariffs souring sentiment: Reuters poll
The U.S. dollar is forecast to stabilize over the coming months despite mounting worries about the economic impact of President Donald Trump’s erratic tariff announcements, according to a Reuters survey of FX strategists.
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US dollar index (DXY) plunges as Trump’s tariffs shake market confidence: could it drop to 100?
The US dollar slumped 2% as Trump's tariffs triggered market turmoil. Investors fear recession risks, forcing the Fed to reconsider its rate outlook.
Forex: $158.64 to one US dollar
The US dollar on Thursday, April 3, ended trading at $158.64, down by 66 cents, according to the Bank of Jamaica’s daily exchange trading summary. Meanwhile, the Canadian dollar ended at $112.76, up from $111.
US Dollar unable to recover as losses already amount to an excessive 2.10% in the DXY
Markets are digesting the reciprocal tariffs that were implemented overnight by the United States (US) President Donald Trump, where a global 10% tariff is the minimum base case for the 60 countries that are exporting to the US.
Stocks, US dollar sink as Trump tariffs fuel economic worries
Stock indexes tumbled, with the S&P 500 down more than 4% in morning New York trading on Thursday, and the U.S. dollar and oil prices also dropping as President Donald Trump’s drastic U.S. trade tariffs stoked fears of a global recession and led investors to seek safe-haven assets like bonds and the yen.
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