US dollar tumbles as Trump's EU tariff talk spurs investor flight
Government
NEW YORK : The U.S. dollar dropped across the board on Friday, as investors dumped the currency after U.S. President Donald Trump once again ratcheted up his trade war, recommending that the European Union be hit with 50 per cent tariffs beginning June 1. That rekindled concern about the impact of duties on the world economy and global trade. Trump said in comments on social media that the EU was "very difficult to deal with" and "our discussions with them are going nowhere." He threatened in a
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