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Dollar drifts lower as traders ponder Trump tariff plans
short by System User / on Wednesday, 22 January, 2025
The dollar drifted slightly lower on Wednesday in indecisive trading as a lack of clarity on President Donald Trump's plans for tariffs kept financial markets guessing. Trump said that his administration was discussing imposing a 10% tariff on goods imported from China and that Mexico and Canada would face levies of around 25%.