Dollar takes a dive as President Trump team hints at delay to tariffs

Quick Summary:

Some analysts were expecting Trump to invoke the International Emergency Economic Powers Act (IEEPA).

President-elect Donald Trump was quoted as saying he will not impose trade tariffs straight after his inauguration, which is set to take place later in the session.

Trump has promised to be a "crypto president", and is expected to issue executive orders aimed at promoting widespread adoption of digital assets.

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Article Details

Category: BusinessFinance

Markets: IndiaChinaJapan

Topics: US economy Donald Trump Dolla Tariff hike

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2025-01-20 @ 23:41:06 (6 hours ago)

News Timezone: GMT +5:00

News Source URL: business-standard.com

Language: English

Article Length: 654 words

Reading Time: 4 minutes read

Sentences: 27 lines

Sentence Length: 25 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © Business Standard

News ID: 25292239

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About Business Standard

Main Topics: BusinessFinance

Official Website: business-standard.com

Update Frequency: 359 posts per day

Year Established: 1975

Headquarters: India

News Last Updated: 4 hours ago

Coverage Areas: India

Ownership: Independent Company

Publication Timezone: GMT +5:00

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News Language: English

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Publisher ID: #49

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