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flag US dollar drops 1% as Trump considers targeted tariffs over universal ones, boosting euro, yuan.

flag The US dollar fell 1% after reports suggested President-elect Trump was considering narrower tariffs focused on critical imports rather than a universal tariff. flag This news relieved countries expecting broader tariffs and led to a rally in the euro and China's yuan. flag Despite the drop, the USD is still expected to remain strong in the coming weeks due to key economic data and events.

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