Dollar drops as markets weigh Trump tariff vow, yen hits 5-week high – Yahoo Finance

Written by Stefano Rebaudo (Reuters) – The U.S. dollar fell to a one-week low against major currencies on Wednesday as investors grew wary of President-elect Donald Trump's tariff pledges as they rebalanced their portfolios by the end of the month. . Markets will closely watch the Personal Consumption Expenditures (PCE) Price Index, which will be […]

Mexico Could ‘Stop’ Accepting Deportations Over Tariff Threats

On CNN's “The Lead” broadcast Tuesday, Rep. Jim Himes (D-Conn.), ranking member of the House Intelligence Committee, responded to President-elect Donald Trump's tariff threats by threatening to force negotiations. However, doing so is because , “On the other side of mass deportation are countries that are suddenly taking in thousands of people. They could stop […]

Mexico, China, Canada warn Trump against tariff tit-for-tat

The governments of China and Mexico warned of retaliatory trade actions and Canada urged restraint on Tuesday. Chinese Embassy Spokesperson Liu Pengyu warned that “no one wins in trade and tariff wars,” and Mexican President Claudia Sheinbaum reportedly said she would send a letter to President Trump urging dialogue and cooperation. are. “It's going to […]

Trudeau says he had 'good call' with Trump amid tariff threats

Canadian Prime Minister Justin Trudeau said Tuesday he had “good talks” with President-elect Donald Trump following the announcement that the next U.S. leader will impose a 25% tariff on Canadian goods when he takes office. Prime Minister Trudeau: “I had a good phone call with Donald Trump last night.'' told reporters on Tuesday. “We clearly […]

Senate Democrat on Trump tariff threats: 'I think he's heading toward a real horror show'

Sen. Richard Blumenthal (D-Conn.) said in an interview Tuesday that President-elect Trump intends to impose high import taxes on Mexico, Canada and China on the first day of his new administration. He criticized the president's tariff threat. “I think the president-elect has not been able to truly face the real consequences,” Blumenthal told anchor Kate […]

Mexican President Fires Warning at Trump Over Tariff Threat

Mexican President Claudia Sheinbaum has issued a warning to US President-elect Donald Trump, who threatened to impose tariffs over ongoing immigration and drug trafficking issues. Claudia Sheinbaum told a morning press conference: “We will continue to respond with tariffs and other tariffs until we end up endangering ordinary businesses.” The comment was part of a […]