A key dollar index fell about 3% in the 24 hours surrounding Trump's tariff announcement and is now back to pre-election levels.

Worries that long-term U.S. growth will fade could matter more for the currency than the mechanical impact of tariffs.

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.

Crude oil now costs around 15 percent less than it did before the president revealed his plans to impose stiff new tariffs on imports from most countries.

U.S. President Donald Trump said on Monday he will impose an additional 50% tariff on China if Beijing does not withdraw its retaliatory tariffs on the United States.

Global stock markets extended a severe plunge Monday, fueled by fears that U.S. tariffs would lead to a global economic slowdown. European and Asian shares saw dramatic losses, the leading U.S. index flirted with bear market territory in pre-market trading,

The president said he would not quickly reverse last week’s steep tariffs, which have sparked pushback and roiled markets.

The nation's top trade representative said Tuesday that President Donald Trump’s sweeping tariffs are already getting results, bringing other countries to the negotiating table to discuss reducing their trade barriers.

Donald Trump has threatened China with an extra 50% tariff on goods imported into the US if it does not withdraw its 34% counter-tariff, as global markets continue to fall. Beijing retaliated on Sunday,

The dollar slipped and other currencies held in tight ranges on Wednesday as traders awaited details of U.S. President Donald Trump's plans for tariffs, which could upend the global trading system and shake financial markets.

The president is foreshadowing deals with multiple trading partners in an apparent effort to quell economic anxiety and prove his tariff plan is working.

President Donald Trump said he was not intentionally fueling a market selloff but gave no indication he’s preparing to claw back the tariff barrage that has wiped trillions in value from US equities.

Trump has insisted his tariffs are necessary to rebalance global trade and rebuild domestic manufacturing. He's singled out China as “the biggest abuser of them all” and criticized Beijing for increasing its own tariffs in retaliation.

Just hours after Trump's comments, stock markets plunged in Asia early on Monday, with Hong Kong's Hang Seng losing 9.8%.

The impact of U.S. President Donald Trump’s blast of tariff hikes was reverberating across world markets Monday as America’s trading partners puzzled over whether there is room for negotiating better deals.