A sustained decline in trust in the dollar could lead to significant repercussions, especially for the eurozone, creating difficulties for the European Central Bank.

Donald Trump has declared that his sweeping global tariff agenda is “going very well” despite about $3.1 trillion in market value being wiped from Wall Street in its largest one-day decline since the Covid pandemic.

President Trump is promising that his April 2 "Liberation Day" volley of tariffs will "make America wealthy again" by repatriating manufacturing jobs and reviving demand for American-made products. But many economists are taking a different view,

Goodyear Tire & Rubber Co. could be a winner from President Donald Trump’s tariffs on car imports as most of its US demand comes from domestic manufacturers and tires aren’t included in the planned levies,

The latest labor market data comes as the stock market and the global economy are reeling from President Donald Trump’s announcement of tariffs on Wednesday. But data for the report was collected before "Liberation Day," which have raised recession odds across Wall Street, and the stock market selloff deepened after the report.

Deutsche Bank warned on Thursday of the risk of a crisis of confidence in the U.S. dollar, saying major shifts in capital flow allocations could take over from currency fundamentals and currency moves become disorderly.

European stocks continued to drop shortly after the market open today, albeit at a much slower rate than yesterday’s huge losses, as investors around the world continue to reassess their trades in the wake of the Trump administration’s announcement of sweeping global tariffs.

The euro has become an unlikely winner from US President Donald Trump’s bid to redraw the global trade order. The currency surged to its highest in six months versus the dollar this week, with its biggest intraday gain since 2015 on Thursday after Trump unveiled tariffs that were more aggressive than expected.

Shares of Goodyear Tire & Rubber Co. were among the few equities to end higher in a sea of red on Thursday, as investors were encouraged by the company’s apparent insulation from President Donald Trump’s sweeping reciprocal tariffs.