USD up, equity indexes down as Trump kicks off trade war with tariffs
globalreutersJanuary 26, 20251 Mins read Trump hit Colombia with hefty tariffs, story is here from earlier:
The President of Colombia responded with tit-for-tat tariffs:
The action-response is likely to be the trade war model going forward:
- Trump hits a smaller economy with tariffs
- Smaller country hits back
The USD popped higher to open the week:
After a minor retrace its higher again now as Globex opens and equity indexes were marked down:
Trump won’t be signing this chart.
This article was written by Eamonn Sheridan at www.forexlive.com.
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