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US President Trump: Will announce the tariff rate for semiconductors over the next week

US President Donald Trump said on Monday that he “will announce the tariff rate for semiconductors over the next week.”

When asked about tariffs on iPhones, Trump said it “will be announced soon, but there has to be some flexibility.”

USD/CAD falls toward 1.3850 due to potential US recession, persistent inflation

USD/CAD continues its losing streak for the fourth straight session, hovering around 1.3860 during Monday's Asian trading hours.
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Japanese Yen stands firm near multi-month peak against a broadly weaker USD

The Japanese Yen (JPY) attracts fresh buyers at the start of a new week and remains within striking distance of its highest level since late September 2024 touched against a broadly weaker US Dollar (USD) last Friday.
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