Market
Impact on U.S. dollar index by end of 2025 following trade policy review
2
Resolution / Starting Odds
Dollar index increases by 5% or more • 25%
Dollar index decreases by 5% or more • 25%
Dollar index remains stable (+/- 1%) • 25%
Other significant change • 25%
Financial market data and reports
Story
Trump Delays Tariffs on Canada, Mexico, China; Dollar Falls 1%, Stocks Rally
Jan 20, 2025, 03:47 PM
U.S. President Donald Trump, on his inauguration day, did not impose the new tariffs he had previously threatened against Canada, Mexico, and China. Instead, Trump issued a broad memorandum directing federal agencies to study trade policies and evaluate U.S. trade relationships with these countries. This decision led to a significant drop in the U.S. dollar, with the dollar index tumbling 1% and the euro advancing 1.5% to $1.0430. The move was seen as a more measured approach to Trump's trade agenda, with the memorandum providing a blueprint for potential future executive actions on trade. The absence of immediate tariffs was welcomed by markets, leading to a rally in global stocks and a sigh of relief among Canadian business leaders and politicians who had been bracing for potential trade disruptions.
View original story
Similar markets
Increase by more than 2% • 25%
No significant change • 25%
Fluctuate within 2% • 25%
Decrease by more than 2% • 25%
No significant change • 25%
Increase • 25%
Volatile • 25%
Decrease • 25%
Trade deficit decreases • 25%
Trade deficit remains the same • 25%
Trade deficit increases • 25%
Trade surplus achieved • 25%
Indices stable • 25%
Indices fall • 25%
Indices rise • 25%
Mixed performance • 25%
No significant change • 25%
Strengthened relations • 25%
Weakened relations • 25%
Other • 25%
Dollar weakens • 25%
Dollar strengthens • 25%
Other • 25%
Dollar remains stable • 25%
Decrease in inflation due to policy • 25%
No significant impact • 25%
Significant increase (>0.5% due to policy) • 25%
Moderate increase (0.1%-0.5% due to policy) • 25%
Other outcomes • 25%
Minor adjustments • 25%
Major restructuring • 25%
No changes • 25%