Trump Tariff Vow Heaps Pressure on Canada, Mexico, China FX
President Donald Trump’s renewed pledges to slap 25% tariffs on imports from Canada and Mexico on Feb. 1 jolted foreign exchange markets late in the New York trading session, sending currencies from both countries plunging against the US dollar.
Trump Moves Forward With Plans to Impose 25% Tariffs on Canada and Mexico Starting Saturday
Speaking from the Oval Office, Trump justified the tariffs as a response to what he described as excessive migration, drug trafficking and unfair trade practices. While he suggested the tariff rate could further increase,
White House says Trump to impose Canada, Mexico, China tariffs on Saturday
WASHINGTON: US President Donald Trump on Saturday (Feb 1) will implement tariffs of 25 per cent on Canadian and Mexican imports and 10 per cent on Chinese goods with immediate effect, White House spokesperson Karoline Leavitt said on Friday.
Trump's 25% tariff vow sends Canadian dollar, Mexican peso tumbling
President Donald Trump ’s renewed pledges to slap 25 per cent tariffs on imports from Canada and Mexico on Feb. 1 jolted foreign exchange markets late in the New York trading session, sending currencies from both countries plunging against the U.S. dollar.
Mexican peso tumbles, investors jittery after Trump's Colombia tariff scare
The Mexican peso tumbled on Monday as investors worried that trade disputes would again whipsaw markets after U.S. President Donald Trump’s overnight threat to impose steep tariffs on Colombia.
Trump Says Canada, Mexico Tariffs on Saturday May Not Include Oil
Trump also said he was still considering new tariffs on Chinese goods, citing its part in the fentanyl trade. He has threatened a 10% duty on all Chinese goods, after imposing pun
Trump Will Hit Mexico, Canada and China With Tariffs
The White House press secretary said the president would move forward with levies on America’s largest trading partners on Saturday.
Mexican peso drops 1% as Trump reiterates tariff threat
The Mexican peso fell 1% against the dollar in a volatile session on Thursday after U.S. President Donald Trump reiterated his threat to impose 25% tariffs on Mexico and Canada, two of its top trade partners.
Trump’s 25% Tariff Vows Send Canada, Mexico FX Tumbling
President Donald Trump’s renewed pledges to slap 25% tariffs on imports from Canada and Mexico on Feb. 1 jolted foreign exchange markets late in the New York trading session, sending currencies from both countries plunging against the US dollar.
Fox Highlights Big Market Drop After Trump’s Tariff News
Fox News hosts were in damage control after the Dow fell over 200 points after Donald Trump’s announcement that tariffs against Mexico, China and Canada would begin on Feb. 1. Anchor Sandra Smith called the drop “not a huge sell-off,
Trump says US could soon put 25% tariffs on goods from Mexico, Canada
U.S. President Donald Trump on Thursday said he would likely decide by the end of the day whether to put a 25% tariff on imports of Mexican and Canadian oil that would take effect on Feb 1. "We may or may not.
3 Reasons the Mexican Peso Is So Liquid
Relatively high interest rates, close proximity to the U.S., and vast petroleum reserves are all factors that contribute to the liquidity of the Mexican peso.
EconoTimes16h
Trump's Tariff Threats Sink Canadian Dollar, Pressure Mexican Peso
The Canadian dollar plunged to a five-year low, and the Mexican peso remained under pressure on Thursday after former U.S.
Trump kicks off trade war with China
Last Sunday, Mr Trump waged a 10-hour trade war with Gustavo Petro, the Colombian president, threatening the South American ...
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Mexican peso posts biggest annual drop versus US dollar in 16 years
MEXICO CITY (Reuters ... the currency's deepest drop against the greenback since the 2008 global financial crisis. The peso's volatile year kicked off with months of steady gains until the ...
MNI14h
MEXICO: Peso Consolidating Renewed Weakness, Yet to Test Tuesday Lows
One could argue it is surprising that the Mexican peso is not weaker on Friday, amid softer-than-expected domestic growth data, expectations of imminent tariffs from the US and an impending 50bp cut ...