Close Menu
  • Home
  • Economic News
  • Stock Market
  • Real Estate
  • Crypto
  • Investment
  • Personal Finance
  • Retirement
  • Banking

Subscribe to Updates

Get the latest creative news from FooBar about art, design and business.

What's Hot

Chase’s Points Boost on Flights Is a Massive Points Bust

July 1, 2025

Looking for an income stream for decades? Here’s how to emulate the Bobby Bonilla plan to get paid over time

July 1, 2025

What’s next for the ‘big, beautiful bill’?

July 1, 2025
Facebook X (Twitter) Instagram
  • Contact Us
  • Privacy Policy
  • Terms Of Service
Tuesday, July 1
Doorpickers
Facebook X (Twitter) Instagram
  • Home
  • Economic News
  • Stock Market
  • Real Estate
  • Crypto
  • Investment
  • Personal Finance
  • Retirement
  • Banking
Doorpickers
Home»Economic News»Dollar Crashes On Trump Tariff Report
Economic News

Dollar Crashes On Trump Tariff Report

January 20, 2025No Comments2 Mins Read
Facebook Twitter Pinterest LinkedIn Tumblr Email
Share
Facebook Twitter LinkedIn Pinterest Email

It appears our previous understanding of Treasury Secretary Bessent’s recent remarks was accurate…

According to The Wall Street Journal, President Trump is set to issue a comprehensive memorandum today that instructs federal agencies to assess trade policies and review U.S. trade relationships with China and neighboring countries. However, there will be no immediate implementation of new tariffs on his first day in office, as some trading partners had feared.

The Wall Street Journal obtained a summary of the memo and discussed it with Trump’s advisors.

A senior policy advisor for Trump described the memo as a strategic outline of the president’s trade agenda, indicating a more thoughtful approach to the issue that was central to his campaign.

The memo lays the groundwork for potential future executive actions on trade, the advisor confirmed.

As a result of this development, the dollar experienced a sharp decline…

…and S&P futures saw a notable increase.

Furthermore, the memo instructs economic agencies to concentrate on specific trade topics, such as addressing consistent trade imbalances and currency manipulation. Trump specifically called out China and Vietnam in his previous term for these issues, as well as the fight against counterfeit goods.

Lastly, the memo prompts agencies to explore the possibility of establishing an “External Revenue Service” – a new federal entity proposed by Trump to manage tariff revenue. The precise distinctions between this agency and the long-standing U.S. Customs and Border Protection, which currently handles this responsibility, have yet to be clarified.

Loading…

crashes dollar Report tariff Trump
Share. Facebook Twitter Pinterest LinkedIn Tumblr Email

Related Posts

What’s next for the ‘big, beautiful bill’?

July 1, 2025

The Bond Canary In The “Big Beautiful” Coal Mine

July 1, 2025

A Translation Guide To Progressive Slavespeak

June 30, 2025
Add A Comment
Leave A Reply Cancel Reply

Top Posts

8 best stock trading apps in 2025

January 1, 20250 Views

Ethereum’s $4K dreams face hurdle as whales take profit – What now?

December 4, 20240 Views

Cruise Fares See Wave of Change Around Junk Fees

July 25, 20240 Views
Stay In Touch
  • Facebook
  • YouTube
  • TikTok
  • WhatsApp
  • Twitter
  • Instagram
Latest
Personal Finance

Chase’s Points Boost on Flights Is a Massive Points Bust

July 1, 20250
Retirement

Looking for an income stream for decades? Here’s how to emulate the Bobby Bonilla plan to get paid over time

July 1, 20250
Economic News

What’s next for the ‘big, beautiful bill’?

July 1, 20250
Facebook X (Twitter) Instagram Pinterest
  • Contact Us
  • Privacy Policy
  • Terms Of Service
© 2025 doorpickers.com - All rights reserved

Type above and press Enter to search. Press Esc to cancel.