Reported about 6 hours ago
President-elect Donald Trump has proposed a significant 25% tariff on neighboring countries, impacting currency markets, particularly the Mexican peso and Canadian dollar. Strategist Thierry Wizman suggests Trump's approach functions as a 'game of chicken,' designed to gain leverage in negotiations over immigration and border security. Despite the aggressive stance, it's uncertain if Trump will follow through with the proposed tariffs, raising questions about the potential for substantial concessions from neighboring nations.
Source: YAHOO