The news of Trump's tariffs shook the market, the US index soared, and gold fell
2025-01-31 18:57:19
United States White House Press Secretary Levitt Press Press Conference Medium Recognitiondesk3cryptocurrencydesktopCrypto News
White House Press Secretary Levitt confirmed at a press conference that the Trump administration will impose 25% tariffs on Mexican and Canadian goods from February 1, and denied Reuters' claim that the Mexican-Canadian tariffs will take effect on March 1, allowing the two countries to apply for a small exemption. After the news was announced, the US dollar index DXY rebounded by up to 69 points from the daily low to 108.48, and the US dollar against the Canadian dollar USD/CAD erased its previous decline and rallied again. Spot gold once fell to $2795.34/ounce. Bitcoin fell below $103,000/piece in the day, down 1.67% in the day. The decline of the United States and cloth oil narrowed in the day and was close to flat, reporting $72.89/barrel and $77.02/barrel respectively. (Gold Ten)
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