# EUR/USD tumbles as Trump threatens to impose reciprocal tariffs on April 2

> EUR/USD fell sharply to near 1.0420 as President Trump reiterated threats of 25% tariffs on European cars and other imports and said reciprocal tariffs would take effect April 2. The US Dollar Index rose above 107.00 as the dollar gained safe-haven appeal.

- Date: 2025-02-27 · published 2025-02-27T12:00:00.000Z
- Category: trade · region US · magnitude medium
- Page: https://feedsoft.ai/events/26274-eur-usd-tumbles-as-trump-threatens-to-impose-reciprocal-tariffs-on-april-2
- Commodities: [Euro (USD per EUR)](https://feedsoft.ai/c/EURUSD.md), [US Dollar (Broad)](https://feedsoft.ai/c/DXY.md)

## Why it matters

New tariff threats on euro-area trade and a stronger dollar raise the risk of reduced transatlantic trade flows and make US dollar-priced commodities more expensive for European buyers.

## Read by commodity

- DXY: bullish ▲
- EURUSD: bearish ▼

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| EURUSD | 2025-02-03 | [Why Euro and US Dollar Are Getting Close to Parity Again (EUR/USD) - Bloomberg](https://feedsoft.ai/events/26271-why-euro-and-us-dollar-are-getting-close-to-parity-again-eur-usd-bloomberg.md) | -0.7% | +0.9% |
| EURUSD | 2019-11-08 | [Euro hits lowest in three weeks as dollar gains from trade optimism](https://feedsoft.ai/events/56283-euro-hits-lowest-in-three-weeks-as-dollar-gains-from-trade-optimism.md) | +0.0% | +0.2% |
| EURUSD | 2025-07-29 | [Australia, NZ dollars steady after tumble, gain on battered euro — TradingView News](https://feedsoft.ai/events/24040-australia-nz-dollars-steady-after-tumble-gain-on-battered-euro-tradingview-news.md) | -0.4% | +0.5% |
| EURUSD | 2024-11-06 | [Trade war would weigh on Europe's already weak outlook, ECB warns](https://feedsoft.ai/events/5810-trade-war-would-weigh-on-europe-s-already-weak-outlook-ecb-warns.md) | -3.2% | -3.2% |
| EURUSD | 2022-06-30 | [EU wheat firm supported by Egypt tender, weaker euro - Markets - Business Recorder](https://feedsoft.ai/events/40979-eu-wheat-firm-supported-by-egypt-tender-weaker-euro-markets-business-recorder.md) | -3.0% | -3.0% |
| DXY | 2024-11-26 | [Markets react to Trump's tariff promise](https://feedsoft.ai/events/27653-markets-react-to-trump-s-tariff-promise.md) | -0.0% | +1.1% |
| DXY | 2024-11-26 | [USD/CAD Spikes After Trump's Tariff Threats; Could Volatility Open Opportunities? \| Investing.com](https://feedsoft.ai/events/27657-usd-cad-spikes-after-trump-s-tariff-threats-could-volatility-open-opportunities.md) | -0.0% | +1.1% |
| DXY | 2024-11-26 | [Dollar jumps, stocks retreat after Trump vows tariffs](https://feedsoft.ai/events/27637-dollar-jumps-stocks-retreat-after-trump-vows-tariffs.md) | -0.0% | +1.1% |

## Sources

- fxstreet.com: https://www.fxstreet.com/news/eur-usd-drops-as-trump-reiterates-tariff-threats-on-eurozone-202502271003

---
Data from Feedsoft AI (https://feedsoft.ai/). For information only; not investment advice.