US Edition
US Dollar Index Dives to Two-Week Low on Trump’s Tariff Threats and Fiscal Jitters
- The US Dollar Index dropped to a two-week low near 99.10 on May 24, 2025, after President Trump threatened steep new tariffs on EU goods and Apple products abroad.
- Trump’s tariff threats, including 50% on EU imports starting June 1, followed earlier tariff cuts and came hours before US-EU trade talks.
- Markets reacted with risk-off sentiment amid concerns about escalating trade tensions, while investors awaited key US economic data and FOMC minutes next week.
- The US dollar slid over 1.8% on the week, with Bloomberg Dollar Spot Index falling 0.8% Friday and over 7% year-to-date, as USDJPY also hit lows due to Japan's inflation spike at 3.5%.
- The dollar’s weakness reflects market concerns about US fiscal deficits and monetary policy, with Treasury Secretary Scott Bessent noting gains in other currencies drive the shift, not dollar fundamentals.
13 Articles
13 Articles
Trump ‘Mocks’: Dollar Drops 7% Due to New Tariff Threats Against the European Union
The dollar fell on Friday, spreading this year's losses to more than 7 percent, after President Donald Trump threatened to impose new high tariffs on the European Union and revive investors' concerns about global trade policy.The Bloomberg Dollar Spot Index fell to 0.6 percent, approaching its lowest level since December 2023. Trump proposed a 50 percent tariff on EU products, citing the lack of progress in the negotiations.This slowed the advan…
Svenska Dagbladet
Dollar Plummets After Trump's Tariff Announcement
New tariff threats from US President Donald Trump are stirring up the global economy. After Friday's announcement of shock-inflated tariffs against the EU as early as June, the value of the dollar fell to its lowest level since December 2023. On Friday, the dollar lost about 0.8 percent against the euro and over 1 percent against the krona. One dollar costs 9.51 Swedish kronor on Friday evening...
The Dollar Falls on a Day Marked by Donald Trump's New Tariff Threats and Falls in the Balance Sheet of the Week
The dollar closed the last day of the week falling. The United States currency in Chile recorded volatility on a day marked by the nervousness of the market after the threat of new tariffs from the President of the United States, Donald Trump, to the European Union. “After these comments, the euro moves away from the maximum of the day against the dollar, but does not generate a greater impact at a general level on the foreign exchange market,” …
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