The ongoing trade war between the U.S. and China continues to roil markets, resulting in a significant decline in the value of the U.S. dollar. Recent reports indicate that the dollar has plunged to a decade-low against the Swiss franc and is experiencing its biggest drop since 2022, as concerns over tariff policies and rising tensions with China weigh heavily on investor confidence. Asian stocks have also taken a hit, with indexes falling sharply amid fears of an expanding tariff conflict. Despite some temporary rebounds following announcements of pauses in reciprocal tariffs, the overall sentiment remains bearish as traders grapple with the uncertain economic landscape. Analysts note that safe-haven currencies like the Japanese yen and Swiss franc are gaining traction as alternatives for wary investors amidst the turmoil.