Tariffs News

Euro and Pound Soar to October 2024 Highs Against Dollar Amid New US Tariffs

The euro and pound surged against the dollar, reaching highs not seen since October 2024, after the US imposed tariffs on the EU and UK among others. The euro gained 1.05% and the ...

Dow Plummets Over 400 Points Amid Tariff Tensions and Disappointing Jobs Report

Wall Street faced a significant downturn as the Dow Jones dropped over 400 points due to tariff tensions and a disappointing January jobs report. The Nasdaq 100 and S&P 500 also sa...

Dow Plummets 200 Points as Wall Street Reacts to Tariff Fears and Economic Uncertainty

Wall Street experienced significant losses as fears over new tariffs and economic uncertainty grew. The Dow Jones fell by 200 points, with the Nasdaq 100 and S&P 500 also seeing de...

US Dollar Hits 6-Week Low Against Vietnamese Dong Amid Global Trade Tensions

The US dollar has plunged to a 6-week low against the Vietnamese dong, with Vietcombank and the State Bank of Vietnam adjusting their rates. Globally, the dollar rebounded after Pr...

Trump Claims Tariffs Will Revitalize US Steel, Making It More Profitable and Valuable

President-elect Donald Trump believes his proposed tariffs will boost US Steel's profitability and value, countering President Biden's blockage of a Nippon Steel acquisition. Trump...