Global Currency Markets Roiled as Trump Unveils Aggressive Trade Policy

25.04.03

The euro surged 2.2% against the dollar on Thursday to a six-month high of $1.1021—its strongest single-day gain since December 2015. This reaction followed President Trump’s announcement of tougher-than-expected tariffs, including a 10% baseline on all US imports with higher rates for certain trading partners. Investors fled the dollar for…

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