Japan, Trump and tariffs
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A drop in the US dollar over the first six months of President Trump's new term could have wide-ranging effects, from how tariffs are felt to Federal Reserve policy to America's role in the world.
Assessing where rate differentials alone would have put the dollar is not quite conclusive—over longer periods other factors, such as relative growth, also move currencies—but this evidence does indicate Mr Trump has done damage.
Gold eased on Wednesday as risk appetite improved after U.S. President Donald Trump announced a trade deal with Japan ahead of an impending tariff deadline, though a soft dollar and lower Treasury yields capped losses for greenback-priced bullion.
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Cryptopolitan on MSNRay Dalio says Trump wants to weaken the dollar while Powell tries to defend it
Ray Dalio says the fight between Donald Trump and Federal Reserve Chair Jay Powell is about the value of money, not policy details. “When there is too much debt and borrowing,” Ray said, “the classic way of dealing with it is to push real interest rates down and devalue money.
The dollar edged higher as concerns about tariffs eased after President Trump announced a trade agreement with Japan. The U.S. will impose a 15% tariff on Japanese goods, lower than the 25% rate Trump had threatened in a letter to the Japanese government.
Six months into President Donald Trump’s second term, a quick glance at the stock market might offer a reassuring picture: The S&P 500 just closed above 6,300 points for the first time ever and has notched eight record highs in the past month.
Amid rising tensions over global trade and currency supremacy, US President Donald Trump has sharply criticised the BRICS alliance, calling it a “little group” trying to dethrone the US dollar. While pushing for the GENIUS Act to regulate stablecoins,
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Money Talks News on MSNTrump Administration Shows Little Concern Over Dollar Decline Bloomberg Reports
Financial experts told Bloomberg that America's growing debt problems could make the dollar even weaker in coming months. Foreign investors are losing money as the Trump administration shows little concern about currency stability.
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'We're Not Gonna Let The Dollar Slide': Donald Trump Makes A Clown Of Himself By Making Promises He's Already Breaking
During a bill signing ceremony for the GENIUS Act at the White House several days ago, Donald Trump boldly stated that he would not let the dollar slide. This is a promise he is already breaking as the U.
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Benzinga on MSNTrump Signs GENIUS Act, Creating First U.S. Stablecoin Rules
President Trump signed the GENIUS Act into law on Friday, according to Reuters. The law establishes the first U.S. regulatory framework for dollar-pegged cryptocurrencies known as stablecoins. Trump called the law a “validation” of crypto’s pioneering role,