US President Trump delivered a bombshell on Wednesday, announcing wide-ranging tariffs. Trump announced 10% tariffs on all imports to the US as well as reciprocal tariffs on a host of countries. The US dollar fell sharply against the major currencies and the Swiss franc soared by 2.5%. Swiss inflation was lower than expected and US ISM Services declined to 50.8, down from 53.5.
03-04-2025 06:10 GMT
by Kenneth Fisher