BREAKING: EURUSD ramps up scale of rebound after Trump administration's tariff reports

The euro is extending gains against the U.S. dollar after The Washington Post reported that the Trump administration is working on a methodology for new global tariffs on critical imports to affect only a few industries. Previously, it was feared that higher tariffs could cover a much broader portion of global trade.

President-elect Donald Trump's advisers are studying tariff plans that would apply to every country, but would cover only critical imports, said three people familiar with the matter, the agency reported.

If implemented, the emerging plans would limit the most sweeping elements of Trump's campaign plans, but would still likely sway global trade and have serious consequences for the US economy and consumers.

Source: xStation

24 April 2026, 3:58 PM

🔴Three markets to watch next week: all eyes on the Fed (24.04.2026)

24 April 2026, 3:46 PM

BREAKING: US Department of Justice Drops Probe Against Powell❗️Dollar slides along bond yields 📉

24 April 2026, 1:45 PM

Market Wrap: Indices try to recover on US-Iran negotiations hopes 🇪🇺 SAP surges 6% after earnings 📈

23 April 2026, 7:00 PM

Daily summary: Risk-off takes over 📉 US stocks plunge, while dollar and oil rebound sharply 💸

Forex

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