Its kiss your a** goodbye time for the global economy – massive tariff war declared

Forex Short News

Here is the table distributed as a summary of the new tariffs, below.

  • baseline 10% tariffs take effect April 5
  • higher reciprocal rates will take effect April 9
  • the higher rates apply to about 60 countries

Risk FX has been slapped back lower. EUR/USD hit 1.0920 and thereabouts, its back under 1.0820 now

This article was written by Eamonn Sheridan at www.forexlive.com.