Forex
globalreutersJanuary 26, 20251 Mins read
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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