Trump’s Tariffs Influence Dollar, Gold, and Forex Trends

As mentioned previously, it’s crucial not to chase trends, even with the stronger dollar on the horizon. The dollar found some weakness as Trump’s recent decision loosened the markets. On Monday, President Trump suspended tariffs on Mexico and Canada for 30 days, pending border and crime enforcement concessions. However, tariffs on Chinese goods are set […]

Trump Tariffs Impact Global Markets: Gold, Dollar, and Currencies

MARKET OVERVIEW On February 2, 2025, President Trump imposed tariffs on imports from Canada, Mexico, and China, set to take effect on February 4. The tariffs include a 25% levy on most goods from Canada and Mexico, along with a 10% tariff on energy products from Canada and various imports from China. In retaliation, Canadian […]