{"id":24095,"date":"2026-02-23T08:53:14","date_gmt":"2026-02-23T06:53:14","guid":{"rendered":"http:\/\/jhb-webdevelopers\/channelafrica\/news\/dollar-dips-as-court-ruling-upends-us-tariff-wall\/"},"modified":"2026-02-27T16:34:50","modified_gmt":"2026-02-27T14:34:50","slug":"dollar-dips-as-court-ruling-upends-us-tariff-wall","status":"publish","type":"news","link":"https:\/\/www.channelafrica.co.za\/channelafrica\/news\/dollar-dips-as-court-ruling-upends-us-tariff-wall\/","title":{"rendered":"Dollar dips as court ruling upends US tariff wall"},"content":{"rendered":"<div>The Euro was up 0.4% to $1.1820 and sterling rose by 0.3% to $1.3516 through the Asia session, which was lightened a little by a holiday in Japan and China&#8217;s Lunar New Year break. The Dollar fell 0.4% to 154.40 Yen .<\/div>\n<div><\/div>\n<div>The Supreme Court found on Friday Trump&#8217;s sweeping tariffs exceeded his authority. Trump has responded by lashing out at the court and imposing a blanket 15% levy on imports, as well as insisting higher-tariff deals with trade partners should stay.<\/div>\n<div><\/div>\n<div>&#8220;It weakens the dollar in the sense that it potentially benefits non-US growth,&#8221; said Sim Moh Siong, Currency Strategist at OCBC Bank in Singapore. He said longer-run foreign exchange implications were less clear, with a hit to US revenues potentially negative for the fiscal position and the Dollar, while a check on Trump&#8217;s power may be a positive, by limiting a source of policy volatility.<\/div>\n<div><\/div>\n<div>&#8211;Reuters&#8211;<\/div>\n","protected":false},"featured_media":24047,"template":"","meta":{"_acf_changed":false,"_links_to":"","_links_to_target":""},"news-type":[44],"class_list":["post-24095","news","type-news","status-publish","has-post-thumbnail","hentry","news-type-finance","entry"],"acf":{"short_description":"The United States (US) Dollar fell on Monday as traders took the US Supreme Court's decision to strike down a slew of President Donald Trump's tariffs as supportive for global growth, though confusion and risk of conflict with Iran kept moves cautious","published_date":"2026-02-23 00:00:00","news_description":"The United States (US) Dollar fell on Monday as traders took the US Supreme Court's decision to strike down a slew of President Donald Trump's tariffs as supportive for global growth, though confusion and risk of conflict with Iran kept moves cautious","form_embed":"","author":"","image_caption":""},"_links":{"self":[{"href":"https:\/\/www.channelafrica.co.za\/channelafrica\/wp-json\/wp\/v2\/news\/24095","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.channelafrica.co.za\/channelafrica\/wp-json\/wp\/v2\/news"}],"about":[{"href":"https:\/\/www.channelafrica.co.za\/channelafrica\/wp-json\/wp\/v2\/types\/news"}],"version-history":[{"count":1,"href":"https:\/\/www.channelafrica.co.za\/channelafrica\/wp-json\/wp\/v2\/news\/24095\/revisions"}],"predecessor-version":[{"id":26883,"href":"https:\/\/www.channelafrica.co.za\/channelafrica\/wp-json\/wp\/v2\/news\/24095\/revisions\/26883"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.channelafrica.co.za\/channelafrica\/wp-json\/wp\/v2\/media\/24047"}],"wp:attachment":[{"href":"https:\/\/www.channelafrica.co.za\/channelafrica\/wp-json\/wp\/v2\/media?parent=24095"}],"wp:term":[{"taxonomy":"news-type","embeddable":true,"href":"https:\/\/www.channelafrica.co.za\/channelafrica\/wp-json\/wp\/v2\/news-type?post=24095"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}