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Trump’s trade war cut the dollar’s value

The intensification of trade tension between the US and its business partners reduced the value of the dollar against other reference currencies in today's trading.

Economic Reporter quoted Reuters as saying, intensifying the trade tension between the US and the business partners, including China and Canada, which led to the downturn in the US to the US. Be equal to the reference currency basket.

, the value of the dollar in today’s trading was also reduced and reached the lowest level of the past 6 months.

Along with the trade war, serious economic policies in Germany that have led to the widespread sales of its bonds have also been the cause of the dollar’s depreciation.

Trump’s order from last night to imported Canadian, Chinese and Mexican goods to the country.

, of course, China and Canada, as they promised, immediately took action against the United States, and the Mexican government has announced that it will pursue a similar policy.

 

© Webangah News Hub has translated this news from the source of Mehr News Agency
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