The dollar rallied on Tuesday while European shares fell after US President-elect Donald Trump pledged tariffs on all imports from Canada and Mexico, and additional tariffs on China.
European equities dropped, led by steep declines in automaker stocks, one of the potential losers from any Trump-imposed tariffs on the European Union.
The Mexican peso and Canadian dollar came under fire, while the euro also wilted.
“The dollar’s had a knee-jerk
