Trump, U.S. dollar and tariff
Digest more
Major stock indexes were slightly lower on Friday as U.S. President Donald Trump's announcement of tariffs on imports from Canada fanned worries about trade tensions, with the Canadian dollar down against the greenback.
President Donald Trump says he's prepared to tariff and punish countries that challenge the U.S. dollar as the global reserve currency.
2d
Stocktwits on MSNDollar Holds Ground, Riding On Safe-Haven Appeal, As Trump’s New Tariff Warnings Dent Risk AppetiteThe U.S. dollar has firmed up against its major counterparts, as sentiment toward the greenback improved due to its safe-haven appeal amid the ongoing tariff uncertainties. The U.S. Dollar Index edged up 0.
Gold rose on Friday after U.S. President Donald Trump announced new tariffs on Canadian imports and broader tariff threats to other trading partners, but gains were capped by a stronger dollar amid mounting signs of turmoil in global trade landscape.