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In just a week, the president has floated financial reprisals for Mexico, Canada, Russia, Denmark and Colombia. The hostilities could backfire.
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Relatively high interest rates, close proximity to the U.S., and vast petroleum reserves are all factors that contribute to the liquidity of the Mexican peso.
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It has to hit hard. We have to be very pinpoint and surgical,” said Poilievre, who has drawn comparisons to President Trump.