U.S. Dollar Surges as Trump Unveils Broad New Tariffs – Currency Markets Brace

What’s Driving the Dollar Surge?

• Massive Tariff Hikes
  Trump’s new executive orders set global floor tariffs between 10–41%, targeting countries such as Switzerland, Canada, India, and Brazil. These moves revived fears of escalating trade warfare. 
• Safe-Haven Flight
  With markets reacting to trade threats, investors pulled into U.S. debt and liquid assets—boosting bond yields and strengthening the greenback. 
• Central Banks Hold Fast
  The Federal Reserve kept rates steady at 4.25–4.50%, highlighting inflation risks, while the Bank of Japan showed reluctance to hike, weakening the yen.
• Equity Markets Dip
  Global equities fell—Europe’s STOXX 600 slid 1.3%, Asian indexes weighed down by trade uncertainty—contributing to capital flows into dollar-denominated assets. 

Global Significance

Coinccino Take

“Trump’s tariff spike isn’t just trade politics—it’s a dollar recalibration moment. Risk assets retreat, the dollar accelerates, and emerging markets feel the squeeze. For crypto markets and global investors, defensive positioning is now overdue.”