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US tariffs: Canada, Mexico, China bear the brunt; dollar surges while global currencies see extreme lows

IndiaTimes Monday, 3 February 2025
US President Donald Trump’s trade war has negatively impacted Canada, Mexico, and China, devaluing their currencies to multi-year lows and strengthening the US dollar significantly. Canada and Mexico have responded with promises of retaliation, while China plans to challenge the tariffs at the World Trade Organization.
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Video Credit: Oneindia - Published
News video: Trump’s Trade War| After Mexico and Canada, China Hits Back at Trump’s Tariffs; to Sue US at WTO

Trump’s Trade War| After Mexico and Canada, China Hits Back at Trump’s Tariffs; to Sue US at WTO 04:17

 China has announced plans to file a lawsuit at the World Trade Organization (WTO) in response to U.S. President Donald Trump's new tariffs on Chinese goods. The tariffs, which are set to take effect on February 4, will include a 25% tax on imports from Mexico and Canada, and a 10% tariff on Chinese...

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