The US dollar is near a five-month low amid Trump’s economic and trade policies. The euro and yen are rising due to Europe’s spending plans and Japan’s interest rate signals. Analysts are speculating on the dollar’s reserve status amid global economic shifts and policies. The US dollar neared a five-month low against other major currencies
President Trump made a lot of promises on the campaign trail last year. Investors and business leaders enthusiastically cheered some, like lower taxes and relaxed regulation, and expressed wariness about others, like tariffs and reduced immigration. But when Mr. Trump won the election, there was little sign of that ambivalence: Stock prices soared, as did
Suzanne McGee, Carolina Mandl and Ankur Banerjee | Reuters Trump wants to kill $52 billion semiconductor subsidy law Trump says lawmakers should cancel the $52.7 billion CHIPS Act to in Washington, D.C. “Taiwan Semiconductor, the biggest in the world, most powerful in the world, has a tremendous amount, 97% of the market, announced a $165