Institution: Trump suspends tariffs on electronic products, US dollar temporarily supported

BlockBeats News: On April 14th, after the United States suspended tariffs on popular consumer electronics products, the US dollar gained a slight respite from its recent plunge, giving people some hope that Trump will show flexibility in implementing trade wars. But this relief may be temporary, as Trump still promises to impose specific import tariffs on consumer electronics products and review microchips in national security tariff investigations. Dane Cekov, Senior Macro and Forex Strategist at Sparebank 1 Markets AS, stated, "In order for the US dollar to continue rising, it is necessary to quickly and peacefully resolve the trade war before the US economy suffers long-term damage. As the impact of Trump's tariffs appears in hard data such as consumption, inflation, and labor market data, the US dollar will continue to weaken in the coming months