The dollar loses Trump's profits due to customs duties

The US dollar has lost all the profits it has achieved since Donald Trump’s victory in the US presidential election in November last year, with a new wave of customs duties in confusion in global markets. The Bloomberg index for the dollar has fallen to its lowest level immediately since mid -October Friday, a record level before the announcement of the US election results on November 5. The global reserve currency in collaboration with the decline in the returns of US ties and equities, amid the fear that Trump’s trade war will delay the rate of economic growth. On the other hand, all the currencies of the ten group have circulated against the dollar recorded on Thursday’s profits, led by Japanese yen and Swiss francs, with traders on the day of the announcement of customs duties on their way to secure ports. “The falling market of the dollar has already begun and increased,” said Parch Uadia, director of fixed income and currency strategy at Amundi in the United States. He added that the index could drop by 10% this year, with the United States approaching the ‘Brink or Economic recession’. Wednesday against the dollar was the foreign exchange market, which is estimated at $ 7.5 billion, in the case of Wag before Trump’s announcement of Customs Lights on April 2, especially in light of some conflicting signals on the fees that confused market expectations. Trump’s pursuit of decades of globalization and subsequent policy for this was a major reason that many investors led to betting against the dollar. This trend is a major shift of what was common earlier this year, when Trump’s political plans, such as tax cuts and customs duties, were a sufficient catalyst for the lead of the dollar. In February, US Treasury Secretary Scott Besent said that Trump’s policy was “completely existed” amid the strong dollar policy, which emphasizes the US administration’s commitment to its position to support the US currency. The dollar index rose 5% after Trump was elected, and its peak reached earlier this year, before it fell by more than 4% in 2025. But it lost 1.5% of its value on Thursday and fell 0.4% on Friday during the Asian trade sessions. “We may be in the early stage of a US dollar structural sales wave,” says Ed Al -Husseini, a strategic analyst at Columbia Threadneed Investment. In the same context, Richard Franolovich, head of the currency strategy at Westpac Banking, has described over the past twenty hours as a ‘milestone and deep structural moment’ for foreign exchange markets. In a note, he addressed clients that Trump’s political agenda, which includes customs duties and budget discounts, has reformed the relationship between the dollar and the risks of stock markets. He added that “the famous smile, which has always been associated with the image of the US dollar, no longer exists, but rather something similar to the exposure of the dollar has changed.” The future of the US economy for Paul Mackeel, the global head of currency research at HSBC, the decisive factor in the US dollar track lies in investor expectations about the future of the US economy. “We know where the risks that threaten the dollar are in landing, and it will continue to exist if the prevailing view of the slowdown in the US economy continues,” says Makkil. United States data indicates a slowdown in economic growth, and a gradual timetable in the labor market, which has encouraged speculative traders to take a negative look at the dollar, according to the data of the Commodities Trading Committee before Trump’s election. The American, who is expected to be a slowdown in the growth of jobs during March. Washington is related to tax cuts or removing organizational restrictions. ‘