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March 3rd, 2018 11:41 AM #2
Dollar drops for second day as tariffs spark fears of global trade war - MarketWatch
The U.S. dollar dropped for a second straight day Friday, as fears over trade wars prompted investors to dump the greenback after President Donald Trump said the U.S. will impose tariffs on steel and aluminum imports next week.
Other countries may now retaliate by imposing their own trade tariffs, which could hurt U.S. exports and slow down economic growth, which would hurt the dollar.
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