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Foreign Exchange and Equities in Trump's First Week

Bloomberg Surveillance

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Tariffs and Dollar Dynamics

This chapter explores the economic implications of tariffs, particularly comparing Canada and China during Trump's presidency. It discusses how market sentiment around tariff announcements influences trading behavior and the 'tariff risk premium' affecting dollar strength. Additionally, the analysis delves into the Federal Reserve's independence and the administration's approach to interest rates, highlighting historical comparisons and their impact on the U.S. economy.

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