Trump claims he will impose tariffs on Canada and Mexico, Asia-Pacific stock markets retreat, and the yen falls below 156
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Trump announced that tariffs will be imposed on Canada and Mexico starting February 1, leading to a depreciation of the Mexican peso and the Canadian dollar, with the MSCI Asia-Pacific Index's gains narrowing to 0.1%. The Japanese yen fell below 156 against the US dollar, and the Tokyo Stock Exchange Index turned negative. Market risk warning, investment should be cautious
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