Trump, dollar and tariffs
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US yields no longer support the dollar as markets respond to fiscal disorder, Fed pressure, and institutional mistrust loss.
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 Wayne Cole SYDNEY (Reuters) -Asian share markets and the dollar made a soft start on Monday as U.S.-China trade tensions continued to simmer, while investors turned defensive ahead of key U.S. jobs data and a widely expected cut in European interest rates.
The Singapore dollar strengthened slightly against its U.S. counterpart in the Asian session, aided by President Trump’s announcement that he would double tariffs on steel and aluminum imports to 50% from June 4.
BENGALURU] Gold prices climbed on Monday (Jun 2)as US President Donald Trump threatened to double tariffs on imported steel and aluminium, while a weaker US dollar also supported greenback-priced bullion.
Private incarceration companies are playing a huge role in Trump’s deportation plans. The biggest detention centers in the country are run by private companies – many of which have tried to curry favor with the Trump Administration by donating to Republican campaigns or Trump’s inaugural committee.
14hon MSN
President Donald Trump faces the challenge of convincing Republican senators, global investors, voters and even Elon Musk that he won’t bury the federal government in debt with his multitrillion-dolla
12hon MSN
A US trade court ruling against Trump's reciprocal tariffs could force the administration to refund billions in collected import duties. The court determined that the International Emergency Economic Powers Act (IEEPA) did not authorize the tariffs,