💨 Abstract

The U.S. dollar experienced volatility on Tuesday due to uncertainty surrounding potential tariffs President Trump may impose on Canada and Mexico. Trump suggested tariffs of around 25% on imports, citing fentanyl and illegal immigration. However, these tariffs remain proposals, causing market volatility. The euro and sterling gained slightly against the dollar, while the Canadian dollar and Mexican peso weakened. The dollar index rose 0.01%

Courtesy: theprint.in

Summarized by Einstein Beta 🤖