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Trump's tariff storm a threat to dollar's dominance?
Trump's tariff storm a threat to dollar's dominance?
Economy
by  AFP

As President Donald Trump's tariffs threaten the US economy, questions are being asked about how long the dollar can maintain its status as the world's key trading and reserve currency. - The dollar initially gained on news of Trump's tariffs owing to concerns the levies will push up inflation.

Trump clashes with Fed chief Powell over interest rates
Trump clashes with Fed chief Powell over interest rates
Economy
by  AFP

US President Donald Trump blasted Federal Reserve chairman Jerome Powell on Thursday for not lowering interest rates, calling him "always TOO LATE AND WRONG." "Powell's termination cannot come fast enough," Trump wrote on his Truth Social platform. "Too Late should have lowered Interest Rates, like the ECB, long ago, but he should certainly lower them now."