Trump tariff news shook the market, US index soared, gold fell "
According to Internet reports, White House Press Secretary Levitt confirmed at a press conference that the Trump administration will impose a 25% tariff on Mexican and Canadian goods starting from February 1, and denied Reuters's claim that the Mexican and Canadian tariffs will take effect on March 1, allowing both countries to apply for a small amount of exemption. After the news was announced, the U.S. dollar index DXY rebounded by up to 69 points from the daily low to 108.48. The U.S. dollar/CAD erased its previous decline against the Canadian dollar within the day and rose again. Spot gold once dropped to US$2,795.34 per ounce. Bitcoin fell below US$103000 per piece within the day, falling 1.67% within the day. The intraday declines in the United States and Brunei oil narrowed and were close to flat, at US$72.89/barrel and US$77.02/barrel respectively. (Jin Shi)
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