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Dollar Jumps
Dollar pares losses as Trump floats Canada, Mexico tariffs
The dollar pared some overnight losses on Tuesday after U.S. President Donald Trump suggested the United States could impose tariffs on Canada and Mexico in the near future, challenging suggestions his policies would be more gradual.
Dollar Advances as Trump Eyes More Canada, Mexico Tariffs
The dollar bounced back after posting its steepest drop in 14 months amid bets that US President Donald Trump’s tariff plans would spur inflation and prevent further interest-rate cuts from the Federal Reserve.
US President Trump: Thinking in terms of 25% tariffs on Mexico and Canada
US President Donald Trump said on Tuesday that he intends to impose 25% tariffs on Canada and Mexico next week. “We’re thinking in terms of 25% on Mexico and Canada.” “I think February 1.” “I think we’ll do it Feb. 1. On each.” The US Dollar Index (DXY) is trading 0.49% higher on the day at 108.60 as of writing.
Canada Readies Billions of Dollars in Retaliatory Moves to Trump Tariff Threat
The government is preparing for the possibility that the incoming U.S. administration will impose high tariffs on Canadian goods, setting the close allies up for a showdown.
Dollar rebounds as Trump talks of Canada, Mexico tariffs
Trump was quoted saying his team was thinking of tariffs around 25% which could be announced on Feb. 1 but offered no other specifics.
Canada’s Dollar Swings on Tariff Risk as Options Point to Losses
Canada’s dollar is heading for a wild week as US President-elect Donald Trump assumes office and traders prepare for the US to impose tariffs on the country’s exports.
Trump’s Plans for Canada, Mexico Tariffs Sends Dollar Higher
The U.S. dollar surged against neighboring currencies after President Trump said he plans to place 25% tariffs on imports from Canada and Mexico on Feb. 1, stoking broad volatility in asset classes.
10h
Dollar drops, European stocks jump on Trump tariff delay
The dollar fell broadly on Monday, while European stocks jumped, after an official for the incoming U.S. administration said ...
2d
Canadian Dollar: What Every Forex Trader Needs to Know
The Canadian dollar is important in the forex market because it is one of the most traded currencies worldwide.
4d
Canadian dollar posts biggest decline among G10 currencies
The Canadian dollar weakened against its U.S. counterpart on Thursday and bond yields eased, as investors braced for expected ...
3h
Base Metals Drop as Dollar Rises After Trump Renews Tariff Call
Base metals fell after US President Donald Trump said he would likely enact tariffs on Mexico and Canada on Feb. 1, souring ...
Forbes
1d
Convert Canadian Dollar To United States Dollar
Information provided on Forbes Advisor is for educational purposes only. Your financial situation is unique and the products and services we review may not be right for your circumstances.
3d
on MSN
Canadian dollar approaches December low on tariff concern
The Canadian dollar weakened against its U.S. counterpart on Friday, with the currency approaching a multi-year low it hit in ...
3d
Canada’s Plan for a Trade War: Pain for Red States and Trump Allies
Canadian officials are preparing retaliatory measures if the new U.S. administration imposes tariffs on Canadian imports.
9h
Canadian politicians and business leaders react to news of Trump’s decision not to impose tariffs on his first day
Auto, agriculture industries are relieved, while politicians including Doug Ford express worry about what happens tomorrow ...
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