USD gaining ground on Trump's extra 10% tariff threat ...Middle East

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USD gaining ground on Trumps extra 10% tariff threat

Trump's tweet's began harmlessly enough with:

I am pleased to announce that the UNITED STATES TARIFF Letters, and/or Deals, with various Countries from around the World, will be delivered starting 12:00 P.M. (Eastern), Monday, July 7th. Thank you for your attention to this matter! DONALD J. TRUMP, President of The United States of America.

But then came this:

    Any Country aligning themselves with the Anti-American policies of BRICS, will be charged an ADDITIONAL 10% Tariff. There will be no exceptions to this policy.

    its triggered a round of risk off, with the USD jumping higher:

    USD at extreme for the session

    This article was written by Eamonn Sheridan at www.forexlive.com.

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