US dollar sags as caution persists ahead of Trump's tariff announcement

CNA

Summary

88:88
The euro last bought $1.0792 while sterling steadied at $1.2924, both little changed ahead of a White House Rose Garden announcement scheduled for 2000 GMT that will likely see the imposition of dramatic new duties that could upend the global trade system.
Reuters
88:88
Trump was re-elected last November after years of heightened inflation, and upward pressure on the cost of living.
Guardian
88:88
The news will be a welcome relief for leaders in the bloc who are battening down the hatches ahead of an expected barrage of trade levies from White House in the next 24 hours.
Daily Express

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