Trump's remarks drive the dollar to strengthen rapidly in the Asian market
ChainCatcher news, Trump stated this morning that a 25% tariff will be imposed on all products entering the United States from Mexico and Canada. As a result, the dollar quickly strengthened, with an increase of 0.4%, while all non-U.S. currencies fell, with the Canadian dollar and Mexican peso experiencing the largest declines, the latter dropping over 1.2%. Spot gold and silver were also pressured by the strong dollar, with silver falling below $30 per ounce. (Jin Shi)
