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President Donald Trump said Monday that he expects to put 25% tariffs on Canada and Mexico starting on Feb. 1, while declining to flesh out his plans for taxing Chinese imports.
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The new US president has outlined a pro-business agenda for his second term in the White House.
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Shares climbed from the open in Australia, Japan and South Korea, with the MSCI Asia Pacific Index rising as much as 0.8%. US futures extended their rally from Monday when the cash market was closed. Asian currencies strengthened as Bloombergs gauge of the dollar dropped for a second day. Treasuries climbed.
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