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club Felene

Commodity Currencies Drop After Trump’s New Tariff Threats

by Top News Editor
November 26, 2024
in Forex News
Reading Time: 1 min read

The commodity currencies such as Australia, the New Zealand and the Canadian dollars weakened against their major currencies in the Asian session on Tuesday, after U.S. President-elect Donald Trump announced a 10 percent additional tariff on all Chinese goods and a 25 percent tariff on imports from Mexico and Canada, raising concerns over global trade tensions.
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