---
title: "Trump claims he will impose tariffs on Canada and Mexico, Asia-Pacific stock markets retreat, and the yen falls below 156"
type: "News"
locale: "en"
url: "https://longbridge.com/en/news/225605198.md"
description: "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"
datetime: "2025-01-21T01:01:08.000Z"
locales:
  - [zh-CN](https://longbridge.com/zh-CN/news/225605198.md)
  - [en](https://longbridge.com/en/news/225605198.md)
  - [zh-HK](https://longbridge.com/zh-HK/news/225605198.md)
---

> Supported Languages: [简体中文](https://longbridge.com/zh-CN/news/225605198.md) | [繁體中文](https://longbridge.com/zh-HK/news/225605198.md)


# Trump claims he will impose tariffs on Canada and Mexico, Asia-Pacific stock markets retreat, and the yen falls below 156

Trump stated that he believes tariffs will be imposed on Canada and Mexico on February 1. The Mexican peso and Canadian dollar fell in response, and the MSCI Asia-Pacific Index's gain narrowed from 0.8% to 0.1%. The Japanese yen fell below the 156 mark against the US dollar, and the Tokyo Stock Exchange Index turned negative.

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