The US dollar has come under pressure again on Friday due to the customs chaos triggered by Donald Trump.
Experts refer to an increasing loss of trust in the face of the erratic US customs policy. On Friday, the American currency again fell to all other important currencies.
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The euro increased in European trade to $ 1.1473. This has been the highest level since February 2022. The joint currency was recently traded at $ 1.1313. The European Central Bank had set the reference course at $ 1.1346 (Thursday: 1.1082). The dollar had cost 0.8813 (0.9023) euros.
Since Trump took office as President in January, the loss of value of the dollar to the euro has now been added to almost twelve percent. During this time, an aggressive and contradictory customs policy unsettled investors and temporarily triggered violent course turbulence on the financial markets. Most recently China had in Trade dispute Covered with the United States and its tariffs increased to US goods to 125 percent.
New York (dpa-Afx)