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Dollar lower after US tariffs on Mexico paused for a month
short by / on Tuesday, 4 February, 2025
The dollar index was lower on Monday after US President Donald Trump paused new tariffs on Mexico for one month, after the country agreed to reinforce its northern border with 10,000 National Guard members to stem the flow of illegal drugs, Trump said. Mexico and the US will use the month-long suspension to engage in further negotiations, Trump said.