‘The damage is done’: Trump’s tariffs put the dollar’s global reserve status at risk - short news
Experts say fears about unpredictable policy are creating crisis of confidence in US bonds once seen as ‘risk free’
In the global fallout from Donald Trump’s “liberation day” tariff announcement, it appears nowhere is safe. Crashing share prices, a sell-off in bonds and currency chaos erasing trillions of dollars of wealth in a matter of days.
On Friday the dollar fell by more than 1% relative to a basket of other currencies to reach its lowest level in three years,..
source: The Guardian - 11.04.2025