Mexico Peso falls after Trump announces tariffs
The Mexican peso got hit hard after President Donald Trump announced more tariffs on Mexico. According to Business Insider, the peso went down more than 2.4 percent at 19.6373 per dollar. Trump recently said he was going to add new tariffs of up to 25 percent on goods coming into the U.S. He said the tariff will go into place until undocumented migrants stop crossing the border. Trump said they will start at 5 percent and gradually increase to 25 percent.
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