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Business & Economics

Yuan hits record low, Mexican peso, Canadian dollar tumble on Trump tariffs

Reuters
Summary
Nutrition label

76% Informative

China 's yuan plunges to a record low in offshore trading on Monday .

Mexico 's peso and Canada 's dollar tumbled to multi-year troughs after U.S. President Donald Trump slapped the countries with tariffs.

Canada and Mexico immediately vowed retaliatory measures, and China said it would challenge Trump 's levies at the World Trade Organization .

Cryptocurrency bitcoin falls back below $100,000 to its lowest in nearly three weeks .

VR Score

88

Informative language

95

Neutral language

38

Article tone

formal

Language

English

Language complexity

38

Offensive language

not offensive

Hate speech

not hateful

Attention-grabbing headline

not detected

Known propaganda techniques

not detected

Time-value

short-lived

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