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Inflation Expected to Move Away From Target If Tariffs Happen -- Market Talk
Decision analysis: "Tariff Knight" is back! The US dollar is rising, and this mmf is suffering the most. The Federal Reserve's minutes are coming.
On Tuesday (November 26), President-elect Donald Trump of the usa announced that a 25% tariff will be imposed on all imported commodities from Canada and Mexico, with an additional 10% tariff on Chinese goods. As a result, the dollar significantly strengthened, while Asian stock markets gave back some of the gains from the previous trading day.
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