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Trump tariff vow hits Mexican and Canadian currencies, yen firm - REUTERS
NEW YORK, Nov 26 (Reuters) - A pledge by President-elect Donald Trump to impose tariffs on products from Canada, Mexico and China sent their currencies lower against the dollar on Tuesday, renewing the specter of trade wars and fanning uncertainty in other currency pairs.
Trump said late Monday that on his first day in office he would impose a 25% tariff on all products from Mexico and Canada. On China, he said Beijing was not taking strong enough action to curb the export of ingredients used in illicit drugs, floating "an additional 10% tariff, above any additional tariffs, on all of their many products coming into the United States of America."
