US dollar tanks: Are markets calling Trump’s tariff bluff?

President Trump has followed through with plans to slap massive 25% tariffs on imports from Canada and Mexico, while also unveiling fresh 10% duties on China. The US dollar would ordinarily be trading higher under such circumstances, but the greenback has sold-off sharply across the board. What is fuelling the move? And how concerning is the recent deterioration in US economic news? Meanwhile, last week’s Ukraine discussions in the White House descended into a farce. European currencies are ...