Trump’s tariffs have caused the dollar to rise and global stock markets to fall. The U.S. dollar has increased by more than 1.3% against a basket of currencies, while the Canadian and Mexican dollars, as well as the euro, have recorded declines. Asian and European stock exchanges also experienced a drop, and yields on U.S. government bonds have changed. Economists warn that the tariffs could accelerate inflation in the U.S. and reduce GDP growth. Markets have underestimated the determination of the Trump administration, and analysts predict further…
Trump’s tariffs raised the dollar, markets fell globally.
