The US dollar rose sharply in the short term, and the Mexican peso fell more than 1%, driven by Trump's comments on tariffs

Wallstreetcn
2024.11.25 23:48
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According to CCTV News, on the 25th local time, U.S. President-elect Trump stated that a 25% tariff will be imposed on all products from Mexico and Canada entering the United States

On November 26th, driven by Trump's tariff remarks, the US dollar surged in the short term, while non-US currencies such as the Renminbi, Australian dollar, and Mexican peso declined.

According to CCTV News, on the 25th local time, US President-elect Trump stated that a 25% tariff would be imposed on all products entering the United States from Mexico and Canada.

The US dollar index rose approximately 30 points in the short term, breaking through the 107 mark.

The offshore Renminbi against the US dollar approached the 7.26 mark, while the Australian dollar and Canadian dollar fell against the US dollar, and the Mexican peso's decline against the US dollar expanded to 1.2%.

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