Dollar gains and stocks drop on Trump tariff threats – business live
George Mihalcea
Rolling coverage of the latest ecoonomic and financial news Rolling coverage of the latest ecoonomic and financial news In a striking return to hardline policies, President-elect Trump has dramatically escalated tensions with a brash promise to impose a sweeping 25% tariff on all imports from Canada and Mexico the moment he reassumes office. This bold declaration shatters any lingering hopes that the new Treasury Secretary, Scott Bessent, might usher in an era of moderation. Initially hailed as
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