Dollar after Trump

Retaliation to Trump's higher tariff plans could depreciate the value of dollar-denominated assets and reserves.

Donald Trump’s victory in November’s US presidential election saw the US dollar strengthen. It surged to a one-year high within two weeks, and has since retained its strength against its major peers. His election has also again brought the prospect of US tariffs on imports, and attention has focused on the disruption to global trade that these may bring.