Trump’s Global Tariff Rollout

Trump’s Global Tariff Rollout

Trump Tariffs Live Updates: Worry Hits Dollar as Euro Jumps Most in Decade

The Mexican peso remained under pressure all day this Wednesday, because the attention of the operators is focused on the announcement of President Donald Trump and his revelation of tariff rates for his trading partners with immediate effect.The data of the Bank of Mexico (Banxico) indicated that the exchange rate was set at 20.1878 pesos per dollar, representing a depreciation compared to its previous closure of 14.53 cents, recovering at the …

US President Donald Trump has assured this Thursday, hours after changing the world trade landscape with the announcement of generalized tariffs, that "the patient," in what seems to be a reference to the country, survived the operation and will recover to be "stronger, bigger and better than ever."

Peso at near six-month high as recession fears pull down dollar - BusinessWorld Online

THE PESO surged to a near six-month high on Thursday as the dollar weakened due to global growth concerns after the Trump administration announced sweeping tariffs on imports. The local unit closed at P57.095 per dollar on Thursday, rising by 12 centavos from its P57.215 finish on Wednesday, Bankers Association of the Philippines data showed. This was the peso’s strongest finish in nearly six months or since it ended at P57.02 per dollar on Oct.…

Trump's global tariffs leave dollar weakened

Following US president Donald Trump’s announcement of a global tariff package on Wednesday evening, the dollar weakened against the pound and euro. USD is currently down 1.4% against both GBP and EUR.

In trading on Wednesday night and Thursday morning, US President Donald Trump's brutal tariff announcements caused serious financial and capital market consequences, to which the forint reacted with a small drop on Thursday morning: the euro weakened from 400 to 401. According to analysts' reactions, the tariff increases are greater than expected, and thus the analysis of the expected effects and the response measures will certainly be the most …