By our Special Correspondent
President-elect Donald Trump vowed additional tariffs on China as well as US neighbors Canada and Mexico; roiling markets with his first specific threat to curb global trade flows since his election win.
Trump said he would impose additional 10 per cent tariffs on goods from China and 25 per cent tariffs on all products from Mexico and Canada in posts to his Truth Social network on Monday. The Canadian dollar fell to a four-year low on the news, while the peso traded close to its weakest since 2022. China’s yuan edged lower offshore.
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