Muhammad Al-Alam Al-Irian shall be sailing with Trump’s stopping to stop on Canada, currency fluctuations-Larry Samarz warns of the repercussions of trade
The American definitions imposed by the president Donald Trump On imports from Canada, Mexico and China are tremors market and raises sharp reactions from economists. These measures, which include a 25 % duty on most Canadian and Mexican goods and a 10 % tariff on Chinese imports, have increased concerns about supply chain disorders and increased costs of American companies and consumers.
What happened: Muhammad Al -IrianThe Senior Economist Consultant in AllianzAl -Arian wrote on Monday: “The same result is for Canada in terms of temporary suspension for 30 days and the currency decreased,” Al -Arian wrote on Monday.
His analysis, with the support of the currency scheme, showed the Canadian dollar trading at 1.4421 – a slight decrease from the previous levels after a volatile rise to 1.4791 on Monday. The clear peak of the graphic drawing and subsequent correction indicates an increase in market activity amid news related to tariffs.
The Irian’s suspension extended to the Mexican peaso, which showed a dramatic boom to 21,2879 before it retreated to 20,6045 over a period of three days. Fast fluctuations have been observed on a scheme amid news about temporary interruption.
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