Trump Sets Out Reciprocal Tariffs but Markets Sigh Relief

From Investing.com: 2025-02-14 06:23:00

President Trump announced reciprocal tariffs on all countries, but allows time for negotiations. Investors see through the bluff, causing the dollar to sink and stocks to rally. However, gold remains unconvinced and approaches a new all-time high. Markets are optimistic, believing Trump is using tariffs as a negotiating tactic rather than a serious escalation of the trade war. US inflation data is higher than expected, but investors remain hopeful for softer numbers later in the month. The dollar falls, boosting the euro and pound, while equities are set for strong weekly gains. Gold remains underpinned by Trump uncertainty, signaling potential challenges ahead.



Read more at Investing.com: Trump Sets Out Reciprocal Tariffs but Markets Sigh Relief