Economy Country February 16, 2025

Dollar Faces Weekly Loss After Tariff Delay

The dollar experienced a weekly loss following President Trump's postponement of planned tariffs. This decision has sent ripples through the financial markets, influencing trading patterns and sentiments among investors.


Dollar Faces Weekly Loss After Tariff Delay

The dollar rate decreased last week after the lifting of the introduced customs duties, which were meant to be reversed by the U.S. president. This decision affected investment sentiments in global markets.

The U.S. president announced his intentions to introduce additional duties on imported goods, although he postponed this step. Investors assessed the moment of recalibration of such measures, and the dollar showed a decline in global trading.

"The decision to postpone the introduction of new duties has instilled investors with some confidence in the future trade policy of the U.S.,” noted a financial analyst.