HomeLatest NewsTrade war looms as Chinese Yuan hits all time low, Mexican peso...

Trade war looms as Chinese Yuan hits all time low, Mexican peso and Canadian dollar crash over Donald Trump’s tariffs

Donald Trump’s decision to slap countries with tariffs could spark trade war as most countries Begin to struggle in their trading.

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Three countries who seems to be heavily affected with Trump’s tariff are China, Mexico and Canada.

According to reports, China’s yuan have already slumped to a record low in offshore trading.

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Meanwhile while Mexico’s peso is also struggling in terms of trading, having crashed against the United States dollar upon Trump’s tariff order.

Canada’s dollar is also said to have tumbled to multi-year troughs after U.S. President Donald Trump slapped the countries with tariffs.

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The Donald Trump’s administration is has already taken some serious steps that are debatable since assuming office.

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