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.
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.
President Donald Trump’s renewed pledges to slap 25% tariffs on imports from Canada and Mexico on Feb. 1 jolted foreign ...
Speaking from the Oval Office, Trump justified the tariffs as a response to what he described as excessive migration, drug ...
Last Sunday, Mr Trump waged a 10-hour trade war with Gustavo Petro, the Colombian president, threatening the South American ...
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WASHINGTON: US President Donald Trump on Saturday (Feb 1) will implement tariffs of 25 per cent on Canadian and Mexican ...
Pound Sterling (GBP), Canadian dollar (CAD), Norwegian Krone (NOK), Russian Rouble (RUB) and Mexican Peso (MXN) exchange rates under pressure... GBP/MXN UPDATE: Reasserting Brexit uncertainty saw ...
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