President Trump: I can cut off all trade with a country

Featured in:
abcd

United States (US) President Donald Trump said on Friday that he was deeply disappointed by the attitude of some members of the Supreme Court after it ruled that his sweeping tariffs were illegal. At a news conference in Washington, Trump promised to impose a 10% “global tariff” based on alternative law.

Key conclusions

This is deeply disappointing.

I feel ashamed for some members of the court.

Foreign countries are so elated.

Countries won’t dance for long.

The Court was influenced by foreign interests.

There are methods that are even stronger for me.

In the case of tariffs, other alternatives will be applied.

Maybe we can raise more money.

I can cut off all trade with a given country.

I can impose an embargo.

I’ll go in a stronger direction now.

The Supreme Court increased my ability to impose tariffs.

Customs revenues will augment.

With effect from now, all national security duties referred to in Article 301 remain in force.

A global tariff rate of 10% will be imposed on top of other duties.”

Today’s US dollar price

The table below shows the current percentage change of the United States Dollar (USD) against the major listed currencies. The US dollar was strongest against the Japanese yen.

sadasda
USD EUR GBP JPY BOOR AUD NZD CHF
USD -0.22% -0.32% -0.14% -0.15% -0.48% -0.15% -0.15%
EUR 0.22% -0.10% 0.05% 0.08% -0.24% 0.08% 0.07%
GBP 0.32% 0.10% 0.17% 0.18% -0.14% 0.17% 0.17%
JPY 0.14% -0.05% -0.17% -0.00% -0.34% -0.02% -0.01%
BOOR 0.15% -0.08% -0.18% 0.00% -0.34% -0.02% 0.00%
AUD 0.48% 0.24% 0.14% 0.34% 0.34% 0.32% 0.33%
NZD 0.15% -0.08% -0.17% 0.02% 0.02% -0.32% 0.01%
CHF 0.15% -0.07% -0.17% 0.00% -0.00% -0.33% -0.01%

The heat map shows the percentage changes of the major currencies relative to each other. The base currency is selected from the left column and the quote currency from the top row. For example, if you select the US dollar from the left column and move along the horizontal line to the Japanese yen, the percentage change displayed in the box will represent USD (base)/JPY (quote).

abcd
sadasda

Find us on

Latest articles

Related articles

See more articles

Silver Price Forecast: XAG/USD Falls, Maintaining Key Levels Below...

The price of silver (XAG/USD) is down more than 6.80% on the day at the end of...

USD/CHF unchanged due to Fed forecasts and falling USD...

The Swiss franc (CHF) is unchanged against the US dollar (USD) on Friday, reversing some of its...

USD/JPY rebounds as US dollar strengthens and BoJ hawkishness...

As of this writing, USD/JPY is trading around 158.70 on Friday, up 0.61% on the day, marking...

ECB’s Muller: Inflation will probably be slightly higher

During European trading hours, ECB officials François Villeroy de Galhau and Madis Muller deliver remarks on inflation...

Silver Price Forecast: XAG/USD Holds Rebound Around $74, Outlook...

The price of silver (XAG/USD) is holding on after Thursday's rebound around $74 during Friday's Asian trading...

EUR/USD rises over 1% as ECB interest rate hike...

EUR/USD is changing course and rising by over 1.16% after the European Central Bank (ECB) left interest...