Donald Trump’s tariffs shook markets on Monday, with the dollar surging and global equity markets sliding as investors rush to assess how the levies will affect the US and its biggest trading partners. The US dollar surged as much as 1.4 per cent against a basket of currencies before trimming its gains to 1.3 per cent. The Canadian dollar hit its lowest level since 2003, Mexico’s currency tumbled by almost 3 per cent and the euro slid 1.3 per cent. Asian stocks dropped while US stock futures...
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