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Dollar surges on Trump’s tariffs, sending peers to multi-year lows

By Kevin Buckland, Ankur Banerjee and Greta Rosen Fondahn TOKYO/SINGAPORE (Reuters) – The dollar surged on Monday, pushing its Canadian counterpart and the Mexican peso to multi-year lows while China’s yuan slumped to a record trough in offshore trade after U.S. President Donald Trump’s tariffs kicked off a trade war. The U.S. dollar’s gains were broad, with the euro also touching a more than
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Smart: Metals, Autos Among Most Exposed Sectors in US

President Trump’s tariffs on goods from Canada, Mexico and China are set to hurt US households. Christopher Smart, Managing Partner and Founder at Arbroath Group, speaks with Bloomberg TV’s anchor Joumanna Bercetche on Horizons Middle East and Africa about the domestic and geopolitical ramifications the levies will have the US economy and its trading partners. (Source: Bloomberg)
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Dow futures drop more than 650 points after Trump hits U.S. trading partners with tariffs

Stock futures tumbled early Monday as investors weighed new U.S. tariffs on goods from key trade partners and their potential impact on the economy and profits.
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Trump 2nd term live updates: Musk ‘in the process’ of ‘shutting down’ USAID, he says

President Donald Trump has begun his second administration with a series of controversial moves and decisions.
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South Africa denies ‘confiscating land,’ after Trump threatens to cut off aid

South African President Cyril Ramaphosa responded on Monday to US President Donald Trump’s threat to cut off aid over the alleged mistreatment of White farmers, denying Trump’s claim that authorities were “confiscating land.”
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Trump threaten South Africa to cut funding over land policy

For 2018, Trump bin also give order to investigate wetin e call “by force land seizure” for South Africa.
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UK could avoid the US tariffs the ‘atrocity’ EU is facing because Starmer has been ‘nice’, Trump suggests

Keir Starmer to attend European Council meeting in wake of US president’s tariff warfare threats
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Trump tariffs live: UK may dodge duties, US president hints

President says he and Sir Keir Starmer are ‘getting along very well’ but threatens the EU after Canada, Mexico and China are hit with import taxes
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Trump: The EU is an ‘atrocity’ on trade

U.S. president amps up incendiary rhetoric as he moves toward a global trade war.
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UK and European shares slump after Trump signals EU next for tariffs

London’s FTSE 100 Index fell sharply as the US president claimed the UK is ‘out of line’, but suggested a deal is possible with Britain.