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Science

Exchange rates react immediately to the threat of tariffs

Image: Phys.org

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  • Phys.org · October 16, 2026 12:31
    Exchange rates are more than just abstract numbers. They determine the value of a Mexican peso, the cost of a German car in the U.S. and whether an Argentine farmer can repay his debts. Jantke de Boer, junior professor of international monetary macroeconomics at Ruhr University Bochum, has…