Equity Markets Retreat, Dollar Gains As Trump Fires Tariff Warning
Stock markets fell and the dollar rallied Tuesday after Donald Trump warned he would impose huge new tariffs on China, Mexico and Canada on his first day in office, dealing a blow to hopes of a more moderate approach to trade policy.
Dollar rises after Trump tariff vows jolts Canada and Mexico
The US dollar rose on Tuesday (Nov 26) after President-elect Donald Trump said he would impose tariffs on products coming into the United States from Mexico, Canada and China, as investors braced for policies that could set the stage for trade spats.
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