In “Opinion | Argentina Needs the Dollar More Than Ever,” the Wall Street Journal explores the nation’s escalating economic crisis, highlighting the urgent need for dollarization. As inflation spirals, many Argentines seek stability through the U.S. currency.
In a significant escalation of trade tensions, China has announced retaliatory tariffs on U.S. goods, raising duties to 125%. This move comes amid a declining dollar, signaling increased economic friction between the two nations. Continue following for live updates.
Germany’s recent spending plans have sparked concerns in global markets, leading to a decline in the 10-year Treasury note and the dollar. Analysts fear increased fiscal stimulus in Europe could draw investment away from U.S. assets, heightening volatility.
