The dollar strengthened against every major currency after comments from President Donald Trump and his Treasury Secretary stoked concern that a brief respite from tariff talk was well and truly over.

The dollar fell to a five-week low after U.S. President Donald Trump said he'd prefer not to impose tariffs on China. In an interview with Fox News aired Thursday, he said China doesn't want tariffs and he would "rather not" use them.

The U.S. dollar weakened on President Donald Trump’s Inauguration Day, and remained under pressure Tuesday after it became clear immediate tariffs weren’t in the cards, according to BofA Global Research.

Tomatoes, T-shirts and cars are among the vast array of goods that could become pricier if tariffs pledged by President Donald Trump go into effect.

The dollar firmed on Monday as traders pondered the ramifications of U.S. President Donald Trump's tariff plans at the start of a week in which the Federal Reserve is widely expected to hold interest rates steady.

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