Trump's Trade Tantrums Make Dollar Go Brrrr
Key Points
- Trump's new 25% tariffs on cars and pharmaceuticals boost th...
Who knew trade wars could be so profitable? As Trump unleashes his latest tariff tirade, currency traders are reaching for their calculators and anxiety meds.
Orange Man Says Trade Bad, Dollar Says Yay!
The Donald's newest trade war salvo features a juicy 25% tariff on automobiles, semiconductors, and pharmaceuticals starting April 2. While Canadians nervously eye their maple syrup reserves, the USD/CAD pair has been living its best life above 1.4200, with traders betting on Uncle Sam's greenback like it's the last roll of toilet paper in a pandemic.
Federal Reserve's Hot Date with Inf...
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