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significant tariffsCNBC
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82% Informative
Trump said Monday he would sign an executive order on Jan. 20 imposing a 25% tariff on all goods coming from Canada and Mexico , a move that could violate the terms of a regional free trade agreement.
The U.S. dollar index, which measures the greenback against six major currencies, was little changed at midday London time on Tuesday .
The euro and pound sterling were both trading slightly higher against the dollar.
I mean, obviously realizing that one headline can make the [ Mexican ] peso move by 1.5% to 2% like it did overnight ," Luis Costa , global head of emerging markets strategy at Citi , told CNBC 's " Squawk Box Europe " on Tuesday . "To us, it is absolutely obvious that the Trump administration will use tariffs as one important lever to negotiate with [ Mexican President Claudia] Sheinbaum 's government. It is probably something that is more about negotiation rather than about imposing tariffs," he added..
VR Score
86
Informative language
87
Neutral language
42
Article tone
semi-formal
Language
English
Language complexity
54
Offensive language
not offensive
Hate speech
not hateful
Attention-grabbing headline
not detected
Known propaganda techniques
not detected
Time-value
short-lived
External references
4
Source diversity
3
Affiliate links
no affiliate links