The US dollar fell in value on Monday, just hours before new US President Donald Trump took office. The reason was a newspaper report that the import tariffs that Trump had repeatedly threatened would not be implemented immediately. Although some countries expected and feared this, Trump first wants to gain more insight into why the US imports more products than it exports.
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Dollar plunges in value hours before Trump’s swearing-in ceremony due to postponement of his infamous import duties
Bytaketonews
Jan 20, 2025