Dollar Surges on Tariff Threats; Risk Currencies Feel the Heat
The U.S. dollar extended its rally on Tuesday, climbing sharply after President-elect Donald Trump pledged to impose steep tariffs on China, Mexico, and Canada shortly after taking office. His remarks dashed hopes that his Treasury Secretary nominee, Scott Bessent, might temper these aggressive trade policies, reigniting concerns over escalating global trade tensions. Dollar Strengthens Amid […]