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Dollar extends gains, stocks tumble as Trump slaps more tariffs

Dollar extends gains, stocks tumble as Trump slaps more tariffs

Global Market Insights - Forex, Futures, Stocks

February 28, 20254m 36s

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Trump confirms 25% tariffs on Canada and Mexico, ups China tariffs by 10%. Dollar jumps higher despite growing Fed rate cut bets and lower yields. Aussie and kiwi lead FX losses, gold sinks again. Equity selloff deepens as Nvidia shares plunge.

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