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Global financial markets are thrown back into turmoil today after US President Donald Trump reignited trade tensions by announcing he would recommend a sweeping 50% tariff on EU imports starting June 1. In a pointed social media post, Trump accused the EU of stonewalling negotiations, declaring that discussions were “going nowhere.” The announcement came on […]

The post Markets Rattled as Trump Threatens 50% Tariffs on EU, Dollar Tumbles appeared first on Action Forex.

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Focus Turns to Fragile Trade Progress as Dollar Lags in Cautious Markets

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Yen Rally Resumes on Tokyo CPI, Swiss GDP and Eurozone Inflation Watched

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