The U.S. dollar softened against key global currencies on Monday, amid ongoing uncertainties regarding President Trump’s tariff policies and their economic implications.
The greenback fell to a three-year low against the Taiwan dollar, driven by speculations of Taiwan’s passive stance towards currency appreciation as part of a U.S. trade arrangement.
Markets reacted to fears of upcoming U.S. semiconductor tariffs and currency appreciation transfers in East Asia, while Trump maintained his pro-tariff stance, claiming eventual economic benefits.
(With inputs from agencies.)
