As Mexico and Canada hit back, China pulls punches on Trump’s tariffs

Aljazeera

Summary

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Stock futures tumbled early Monday to kick off a new trading month, as investors weighed new U.S. tariffs on goods from key trade partners and their potential impact on the economy and corporate profits.
NBC News
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The measures were broadly as threatened by Trump during his election campaign last year, but still had an immediate impact as many in the markets had hoped that his threats were only a bargaining ploy.
Politico Europe
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Newly sworn in US President has sparked what is being termed as fears of a "trade war" Donald Trump after imposing tariffs on products from Canada, Mexico and China, citing a "major threat" posed by illegal immigration and drug trafficking.
Hindustan Times
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The US dollar strengthened on the currency markets, rising to a record high against China's yuan, while the Canadian dollar plunged to its lowest level since 2003.
Saudi Gazette

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