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Mexico Peso, Canada Dollar Get Boost After Trump Delays Tariffs - BLOOMBERG

FEBRUARY 26, 2025

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Mexico’s peso and Canada’s dollar got a boost after US President Donald Trump pushed back the deadline for levies on goods from both countries.

The peso strengthened as much as 0.9% against the US dollar to lead gains in emerging markets, while the loonie erased losses. Trump said tariffs on Mexico and Canada will go into effect on April 2, versus a previous deadline of March 4.

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