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Trump's tariffs were expected to boost dollar

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Seeking Alpha |
The U.S. Dollar edged a bit higher on Monday, after falling sharply last week as President Donald Trump announced his reciprocal tariffs, driving investors to other safe-haven assets.
The New York Times |
Kevin Hassett, the head of the White House National Economic Council, said that he did not expect to “see a big effect on the consumer in the U.S.,” even as he acknowledged in an appearance on ABC’s “...

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Trump's tariffs were expected to boost the dollar, but recession fears are dragging it down
A key dollar index fell about 3% in the 24 hours surrounding Trump's tariff announcement and is now back to pre-election levels.
Dollar edges higher after falling sharply last week on recession fears-Currency Recap
The U.S. Dollar edged a bit higher on Monday, after falling sharply last week as President Donald Trump announced his reciprocal tariffs, driving investors to other safe-haven assets. The greenback was last up 0.74%, at $103.28, after plummeting to a six-month low last week.
Fear that Trump tariffs will spark recession wipes out more than $2 trillion in value from US stocks
Virtually every sector suffered big losses as financial markets closed with their biggest one-day drop since COVID-19 flattened the global economy five years ago.
Trump Says Tariffs Will Stay Until Trade Deficit Disappears
The president said he would not quickly reverse last week’s steep tariffs, which have sparked pushback and roiled markets.
Trump threatens new 50% tariffs on China
Donald Trump has threatened China with an extra 50% tariff on goods imported into the US if it does not withdraw its 34% counter-tariff, as global markets continue to fall. Beijing retaliated on Sunday,
Oil Prices Tumble Further as Trump’s Tariffs Weigh on Economic Outlook
Crude oil now costs around 15 percent less than it did before the president revealed his plans to impose stiff new tariffs on imports from most countries.

dollar, 10 tariffs and currency market

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Washington Examiner |
Mark Hamrick, senior economic analyst at Bankrate, told the Washington Examiner that among the factors behind the depreciation is the prospect that the economy is weakening and that the odds of a rec...
Reuters |
The two safe haven currencies have emerged as significant winners in the aftermath of Trump's latest tariff salvo.

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US dollar weakens against safe-haven Swiss franc as tariff worries ripple through markets
The U.S. dollar weakened against the safe-haven Swiss franc in mixed trading on Monday as concerns about a global recession heightened following U.S. President Donald Trump's sweeping tariffs on trading partners.
Weakening dollar undercuts Trump on tariff policy
The U.S. dollar actually fell as a result of the tariffs instead of rising, something that could indicate fears of a recession.
Dollar weakens amid currency market fragility, euro and sterling rise
Safe havens the yen and the Swiss franc held near six-month highs on Tuesday while the US dollar nursed broad losses as financial markets grappled with mounting recession worries in the wake of President Donald Trump’s sweeping tariffs.
Investors pile into safe-haven currencies as tariff worries ripple through markets
Investors bought into safe havens such as the dollar, yen and Swiss franc on Monday as concerns about a global recession heightened following U.S. President Donald Trump's sweeping tariffs on trading partners.
After Wall Street shows Trump how much it wants tariffs to go away, he doubles down; Dow drops 700
U.S. stocks are falling after President Donald Trump doubled down on his tariffs, despite seeing how much markets would love to see him do the opposite.
Panic Monday: Wall Street follows global markets sharply lower as Trump doubles down on tariffs
Wall Street is pointing toward major losses Monday, following enormous declines last week, as fears mount that U.S. tariffs announced by President Donald Trump will slow global economic growth. European and Asian shares are tumbling sharply,
Dow plunges and dollar weakens as recession fears grip Wall Street
Global markets on Thursday were severely rattled by President Donald Trump’s historic tariff announcement, which threatens to throw the US and the rest of the world into a recession.
Australia dollar dives to five-year low as markets bet on big rate cuts
The Australian dollar dived to five-year lows on Monday, slammed by fears that a tit-for-tat global trade war would send the global economy into a recession, which had some traders bet on outsized rate cuts Down Under.
Why Dollar General Rallied 18.5% in March, Even As Markets Crashed
Shares of Dollar General ( DG 3.00%) rallied 18.5% in March, according to data from S&P Global Market Intelligence. The move for the beaten-down retailer was all the more surprising given that the overall S&P 500 Index was down 5.6% during the month.
Wall Street Journal1d
Canaries in the Trump Tariff Mine
A second canary is the flight from the U.S. dollar. Typically times of uncertainty lead to a flight to safety, which usually means U.S. dollar assets. This time the dollar has fallen against the ...
Canadian dollar gains as investors assess relative tariff impact
The Canadian dollar edged higher against its U.S. counterpart on Monday, clawing back some earlier declines, as Wall Street gyrated and after Canada last week avoided new duties on its goods in a widening global trade war.
Are we going into a recession? Why it's not too late to prepare.
Recession fears are rising under President Trump's new campaign of tariffs. There is still time to prepare your finances.
Republicans Advance Trillion-Dollar Tax Cuts As Trump Threatens To Blow Up Economy
Tariffs? What tariffs? Senate Republicans are rushing to pass tax cuts while odds of an economic recession spike.
EconoTimes1d
Yen, Swiss Franc Surge as Trump Tariffs Trigger Global Recession Fears and Aussie, Kiwi Slide
Investors fled risk assets on Monday, seeking refuge in safe havens like the yen and Swiss franc as U.S. President Donald Trumps sweeping tariffs intensified market fears of a global recession. The yen rose sharply,
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