What Impact Will Trump’s U.S. Administration Have On The USD?
As President Donald Trump begins his second term, analysts anticipate his policies will have significant effects on the U.S. dollar (USD). Currency speculators are showing strong support for the dollar, marking the most bullish stance since 2016. In his inaugural address, President Trump emphasized imposing tariffs on foreign countries to benefit U.S. citizens. However, although he did not announce specific tariff measures, which led to a 1.3% decline in the U.S. dollar index, he has now announced that he is thinking of 25% tariffs on Mexico and Canada from February 01.
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