Asian currencies weaken as Trump tariffs strengthen the greenback — Indian rupee hits record low

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  Trump Will Hit Mexico, Canada and China With Tariffs

  The White House said it would move forward with levies on America’s largest trading partners on Saturday.
  
  The New York Times - 2d
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  Trump to hit Canada, Mexico and China with tariffs

  Canadian oil will be hit with a lower levy of 10%, likely by mid-February, President Trump says.
  
  BBC News - 2d
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  Gold price hits record high on looming US tariff fears

  Bullion surpasses October peak as traders stockpile in New York
  
  Financial Times - 3d

• A weakening yuan is testing Beijing's resolve as Trump's return fuels tariff worries

  The question of how far and quickly the yuan will fall depends on Beijing's resolve in countering Donald Trump's tariffs with stimulus measures.
  
  CNBC - Jan. 20

• One Weapon China Is Reluctant to Deploy Against Tariffs: A Weaker Currency

  The last time Trump hit China with tariffs, Beijing devalued the yuan, blunting the impact. This time, Xi Jinping has signaled the country should defend its currency.
  
  The Wall Street Journal - Jan. 18
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  Obamacare Enrollment Hits Record Ahead of Trump’s Return

  Almost 24 million Americans have signed up for plans offered under the Affordable Care Act, driven by subsidies that are expiring and that Congress may not renew.
  
  The New York Times - Jan. 8
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  China’s currency hits 16-month low on Trump tariff fears

  Renminbi under pressure from stronger dollar and concerns about incoming US president’s trade plans
  
  Financial Times - Jan. 8

• Nippon Steel chief warns Trump that tariffs alone will not strengthen US industry

  Eiji Hashimoto says legal action against blocking of takeover aimed at winning another review under new administration
  
  Financial Times - Jan. 7
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  China’s yuan hits 16-month low amid fears over Trump tariffs

  CSI 300 blue-chip stock index also trades weakly, hitting its lowest point since September. China’s currency hit a 16-month low on Monday, despite efforts by the central bank and stock exchanges to ...
  
  The Guardian - Jan. 6

More from CNBC

• Euro zone inflation rises to hotter-than-expected 2.5% in January

  Economists polled by Reuters had expected the January inflation print to come in at 2.4%, unchanged from December.
  
  CNBC - 13m

• Trump warns the EU and UK are in line for tariffs — but a U.S. deal with Britain might be on the cards

  U.S. President Donald Trump said trade tariffs would be imposed on the European Union and U.K., but he signaled that a deal could be worked out with Britain.
  
  CNBC - 28m

• Global auto stocks plunge as Trump tariffs spark trade war concerns

  Shares of auto giants fell sharply on Monday as U.S. President Donald Trump imposed long-threatened tariffs on goods from Canada, Mexico and China.
  
  CNBC - 34m

• EU leaders meet to talk defense but Trump and his tariffs loom large

  European leaders are gathering to discuss defense — but the latest moves by U.S. President Donald Trump will loom large over the meeting.
  
  CNBC - 1h

• 'It doesn't have to be this way': Canada, Mexico, China and the EU respond to Trump's tariffs

  Canada, Mexico and China responded to Trump's long-promised tariffs on imports, with Canada immediately retaliating. The EU also weighed in with its reaction.
  
  CNBC - 16h

More in Business

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  Global Markets Roiled by Trump Tariffs

  Shares in Asian manufacturers and European carmakers tumbled on concern that tariffs will hurt trade in North America and disrupt global supply chains.
  
  The New York Times - 12m

• Meryl Streep was trapped by a fallen tree during L.A. wildfires—here’s how she escaped

  Hollywood legend Meryl Streep took drastic action to flee the deadly LA.. wildfires after a tree fell across the driveway of her $4.5 million Pasadena house.
  
  MarketWatch - 12m

• Euro zone inflation rises to hotter-than-expected 2.5% in January

  Economists polled by Reuters had expected the January inflation print to come in at 2.4%, unchanged from December.
  
  CNBC - 13m

• $16.5 million Beverly Hills estate just listed was once home to Gloria Vanderbilt

  The home was last put on the market 72 years ago, when it was purchased by Hollywood starlet Noreen Nash.
  
  MarketWatch - 14m
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  Warren Questions Bessent Over Musk Access to Treasury Payment System

  In a letter to the Treasury secretary, the Democratic senator warned against meddling with a system that processes trillions of dollars of transactions.
  
  The New York Times - 16m