Trump fatigue? After the introduction of equivalent tariffs, the US dollar index hit a two-month low, CNN: A barking dog doesn't bite

President Trump announced the launch of a reciprocal tariff plan this week, meaning that any country imposing tariffs on the United States will face an equivalent tariff from the US. After the news broke, the US dollar index plummeted yesterday (14th), hitting a new low in nearly two months, while US stocks rose across the board. The reason behind this is what? (Background: Trump signs 'reciprocal tariff plan' to be implemented as early as April, challenges TSMC: taking away Intel chip business (Intel's stock price rises by 25% in five days) (Background: Trump rumored to pressure TSMC to collaborate with Intel to set up wafer fab! Experts warn: technology may flow out 'worse than tariff disputes') President Trump announced a tariff war against Canada, Mexico, and China at the beginning of this month, and on February 13, he proposed a 'reciprocal tariff' plan. Trump signed a memorandum stating that the US has been treated unfairly by trading partners for years, thus requiring relevant departments to discuss reciprocal tariff plans, meaning that any country imposing tariffs on the US will face equivalent tariffs from the US. The US dollar hits a near two-month low, US stocks rise. After Trump proposed the reciprocal tariff plan, the US dollar index against six major currencies Exchange Rate fell all the way to 106.620 points yesterday (14th), hitting a new low since December 12, 2024. US dollar index trend. Image source: Trading View On the US stock side, the four major indices also rose yesterday: Dow Jones Industrial Average: rose by 0.021%, or 2.91 points, to 44,718.53 points S&P 500 Index: rose by 0.061%, or 3.7 points, to 6,119.55 points Nasdaq Index: rose by 0.1%, or 21.96 points, to 19,967.6 points Philadelphia Semiconductor Index: rose by 1.27%, or 64.36 points, to 5,146.99 points CNN: Barking dogs don't bite In fact, Trump had hinted at the main event before proposing the reciprocal tariff plan, but according to his tariff plan, on the one hand, Trump decided to implement reciprocal tariffs to counter unfair treatment by trading partners, with the aim of implying a desire for fairer trade; on the other hand, Trump ordered relevant departments to discuss reciprocal tariff plans, indicating that it may take several weeks or even months for them to be officially implemented. Therefore, overall, it seems that Trump is currently treating his tariff policy as a bargaining chip, just as he did when he announced a 25% tariff on Canada at the beginning of this month and then postponed it. As a result, the financial market has also seen the phenomenon of 'Trump fatigue.' In response, CNN quoted expert opinions saying: Trump talks big first, then retracts. The outside world will worry about the worst-case scenario before realizing that this is all part of Trump's art of the deal. Always barking, but never really biting. Related reports: Wall Street Journal harshly criticizes: inflation rises for three months in a row, Trump initiates tariff war and calls for rate cuts, causing chaos Trump threatens to impose tariffs on multiple countries next week, US January non-farm employment mixed, BTC soars to 100,000 and then plunges, 'long and short double kill' Trump announces: 25% tariffs on Canada and Mexico on 2/1, oil may be exempt! Next step points to China? (Trump fatigue? After the introduction of reciprocal tariffs, the US dollar index hits a two-month low, CNN: Barking dogs don't bite) This article was first published on BlockTempo, the most influential blockchain news media on the blockchain trend.