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Asian currencies weaken as U.S. dollar strengthens after Trump levies tariffs newsthirst.

Nurphoto | Nurphoto | Getty Images Asian currencies weakened sharply Monday as the U.S. Dollar rallied after U.S. President Donald Trump slapped tariffs on several countries over the weekend. The dollar index — which measures the value of the greenback against several major global currencies — spiked 1.11% to 109.58. The Chinese offshore yuan dropped…

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Asian currencies weaken as U.S. dollar strengthens after Trump levies tariffs newsthirst.

Nurphoto | Nurphoto | Getty Images Asian currencies weakened sharply Monday as the U.S. Dollar rallied after U.S. President Donald Trump slapped tariffs on several countries over the weekend. The dollar index — which measures the value of the greenback against several major global currencies — spiked 1.11% to 109.58. The Chinese offshore yuan dropped…

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China’s January factory growth misses expectations ahead of U.S. tariffs, Caixin PMI shows newsthirst.

Workers making Care Bears at a factory in Ankang, China. CNBC China’s factory activity slowed in January as the country gears up for fresh U.S. tariffs this month, a private-sector survey showed Monday. The Caixin/S&P Global manufacturing purchasing manager’s index came in at 50.1 in January, missing Reuters poll forecast of 50.5. Manufacturing PMI stayed…

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Ontario to remove U.S. alcohol from shelves after Trump’s tariffs announcement newsthirst.

Ontario Premier Doug Ford speaks during a campaign stop at Walker Construction in Niagara Falls, Ontario, Canada, January 31, 2025.  Carlos Osorio | Reuters Ontario will pull all American alcohol from its government-run liquor shelves beginning Tuesday in response to U.S. President Donald Trump’s 25% tariffs on Canadian imports. Outlets of the Liquor Control Board…

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