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Dollar Jumps Ahead of Trump Tariff Deadline

Markets

Naomi Tajitsu, Malavika Kaur Makol, Matthew Burgess

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July 7, 2025

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Bloomberg

The dollar rose against currencies globally, climbing to its strongest level in more than a week on speculation Donald Trump’s trade tariffs won’t hurt the US economy as badly as feared or require aggressive interest-rate cuts to remedy.

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