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The US dollar faced a broad decline on Friday. Investors sold off the currency due to President Trump's escalating trade war. He suggested tariffs on the European Union. This action renewed worries about the impact on the global economy. The Japanese yen gained strength. Data showed Japan's inflation rose. The British pound also increased against the dollar.
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News and Media
American stock markets experienced a decline on Friday. This downturn resulted in a weekly loss. Donald Trump's proposal of 50% tariffs on European products triggered this fall. Technology and communication sectors faced significant losses. Apple's stock also dropped following tariff warnings. Trade tensions and tariff talks contributed to market uncertainty.
Category:
News and Media
Global markets experienced a jittery week. President Trump's trade threats caused major stock indexes and the dollar to decline. He suggested tariffs on European Union imports and Apple iPhones. Apple shares fell. The dollar weakened against the yen and euro. Government bonds rose due to safe-haven buying. Oil prices increased. Gold also saw a surge as economic anxiety increased.
Category:
News and Media
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