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The Mexican peso and Canadian dollar rose after reports that the Trump administration's proposed steel and aluminum tariffs would exempt Canada and Mexico indefinitely. The peso gained 0.4 percent to 18.639 per dollar and the loonie rose 0.1 percent to 1.2898.
Exemption from metals tariffs reduces the risk of retaliatory trade actions affecting agricultural exports between North America and the US, supporting feed trade flows.
cnbc.comFred ImbertMar 8, 2018Not enough comparable past events yet for a historical read.
Not enough comparable past events yet for a historical read.
Moves of each commodity's benchmark from the last close before the event. Historical reads pool past events of the same kind; they describe what happened, not what will. Not investment advice.
