Euro surges toward five-month high after Trump ‘Liberation Day’ speech
Euro surges toward five-month high after Trump ‘Liberation Day’ speech
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The euro rose against the US dollar after President Trump's tariff announcement, which included a minimum 10% tariff on all countries and higher rates for China, the EU, and Vietnam. The US dollar weakened against major currencies, and global stock markets fell sharply, particularly in Asia. Gold prices surged to an all-time high amid risk-off sentiment and ongoing uncertainties regarding trade wars.
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