Trump’s tariffs resulted in unexpected market turbulence. The US dollar faced its worst performance since 2005, with traders misjudging inflation expectations and dollar strength.
US equities saw a significant dip, losing nearly 7 trillion USD in market cap before rebounding after Trump halted certain tariffs, reflecting volatility in investor confidence.
Amid the turmoil, the Japanese yen appreciated by 9% against the dollar, drawing investors as a safer option during economic uncertainty all around.
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