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Tariff turmoil spurs dollar demand as Fed navigates uncertain path
• Markets digest Trump’s tariff escalation amid safe-haven flows. Tariffs stir uncertainty as Fed weighs rate path. Inflation and growth data take center stage.
Tariffs letter week
Tariff letters reaffirm April 2 levels; implementation delayed to August 1. Japan’s rate rises to 25%; Brazil jumps to 50% for political reasons.
USD holds ground in latest tariff stir
Fresh threats renew Canada–US friction. Dollar climbs as Fed remains split and Trump ramps up tariffs. Euro & Sterling: At the mercy of US macro. Domestic drags and global jabs.
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