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During Trump's first term, the dollar rallied about 13% from February 2018 to February 2020 when he implemented tariffs against several countries, including China and Mexico.
The dollar also rose as much as 3.5% against the Mexican peso before paring gains. The currency cross has been seen as a bellwether of Trump's election chances, given his expressed desire to ...
Trump's pledges to raise tariffs, cut taxes and slash regulations encouraged investors to dive into a range of assets that looked likely Bets on 'Trump 2.0' winners and losers whip up markets ...
[30] [29] Donald Trump has argued that the GOP betrayed its roots by becoming in favor of free trade and has cited William McKinley in particular as an influence on his anti-free trade views. [ 29 ] [ 30 ] Trump adopted his current views on trade issues in the 1980s, saying Japan and other nations were taking advantage of the United States.
The dollar index, which measures the US dollar against a basket of currencies, has surged as much as 5% since Trump's win and is up as much as 8% since October 1, trading at its highest level in ...
The U.S. dollar hovered near a one-week low versus major peers on Tuesday as traders considered whether President-elect Donald Trump's tariffs would be less aggressive than promised.
NEW YORK (Reuters) -A pledge by President-elect Donald Trump to impose tariffs on products from Canada, Mexico and China sent their currencies lower against the dollar on Tuesday, renewing the ...
WASHINGTON (Reuters) -Scott Bessent, U.S. President-elect Donald Trump's choice to head the Treasury Department, on Wednesday vowed to ensure that the dollar remains the world's reserve currency ...