Donald Trump’s tariffs shook markets on Monday, with the dollar surging and global equity markets sliding as investors rush to assess how the levies will affect the US and its biggest trading partners. The US dollar surged as much as 1.4 per cent against a basket of currencies before trimming its gains to 1.3 per cent. The Canadian dollar hit its lowest level since 2003, Mexico’s currency tumbled by almost 3 per cent and the euro slid 1.3 per cent. Asian stocks dropped while US stock futures also fell sharply,...
European shares slump while dollar leaps as Trump’s tariffs shake markets
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Join Living Room Conversations, our civil dialogue partner, and America Indivisible for a nationwide conversation on April 13, Thomas Jefferson’s 276th birthday. "Reckoning with Jefferson: A Nationwide Conversation on Race, Religion, and the America We Want to Be" will be held via in-person and online video discussions. Sign up today!
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