Trump can pull stocks back from the brink, but bond and currency markets may not be so easily impressed as they rapidly de-dollarize

Quick Summary:

"The fact that the dollar is going down at the same time, I think, lends some more credibility to the story of investor preferences shifting".

In another twist, US Customs and Border Protection issued new guidance late Friday night on his so-called reciprocal tariffs, exempting a range of imports like smartphones, computers, semiconductors, chip-making equipment, flat panel TVs, and key tech components.

On Wednesday, US stock indexes posted massive gains after Trump announced a 90-day pause on some of his steeper tariffs, though he hiked the rate for China.

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Article Details

Author / Journalist: Jason Ma

Category: EconomyBusiness

Markets: United StatesChina

Topics: Bonds Currency Tariffs and trade

Source Website Secure: Yes (HTTPS)

News Sentiment: Negative

Fact Checked: Legitimate

Article Type: News Report

Published On: 2025-04-12 @ 21:13:38 (1 days ago)

News Timezone: GMT +8:00

News Source URL: fortune.com

Language: English

Article Length: 654 words

Reading Time: 4 minutes read

Sentences: 4 lines

Sentence Length: 164 words per sentence (average)

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

Copyright Owner: © Fortune

News ID: 27815941

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