After the United States imposed trade tariffs on goods from Canada, Mexico, and China, two important events occurred. First, these countries announced countermeasures, effectively starting a trade war. Second, the US dollar plummeted to its lowest level in four months.
It turned out that the American economy is not as resilient to Donald Trump's actions as expected. His tariff policies and unpredictability are slowing down business activity and driving inflation in the United States. March 7 could be a crucial day for the currency market in terms of major macroeconomic data. You are watching Trader's calendar.
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