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Trump on wall: Mexico will pay us back

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Mexico central bank sells $1 billion to prop peso after Trump slump

Mexico central bank sells $1 billion to prop peso after Trump slump*/

– By Miguel Gutierrez and Adriana BarreraMEXICO CITY (Reuters) – Mexico’s central bank sold dollars in Mexico and New York on Thursday to fight off the peso’s nose dive to record lows amid fears U.S. President-elect Donald Trump’s protectionist policies could further hammer Latin America’s second-biggest economy.The central bank sold at least $1 billion in U.S. currency in morning trade, four traders told Reuters, asking not to be identified because they were not authorized to speak publicly.The bank kept the amount confidential.
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Toyota stock dips after Trump tweet on planned Mexico plant

Toyota stock dips after Trump tweet on planned Mexico plant*/

– Toyota Motor Corp. is a “good corporate citizen” and intends to work with President-elect Donald Trump to help make America strong, the Japanese automaker’s president, Akio Toyoda, says.Trump said on Twitter that Toyota would face a “big border tax” if it goes ahead with a plans for a new plant in Mexico.A statement issued by Toyota in the U.S. did not directly address Trump’s tweet, but stressed that the company has been in the U.S. for six decades and that the Mexico plant will not affect jobs or production in the U.S.
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Donald Trump admits US taxpayer will fund border wall… but claims Mexico will repay costs

Donald Trump admits US taxpayer will fund border wall... but claims Mexico will repay costs*/

– Donald Trump has claimed Mexico will reimburse the US taxpayer for any money spent on building a border wall between the two countries, after it emerged he would approach Congress to foot the bill.House Republicans revealed the President-elect would use public funds for the estimated $14 billion (£11 billion) project in a U-turn from the repeated pledge during his presidential campaign that he would force Mexico to fund its construction.Mr Trump appeared to confirm reports on Friday by saying US funds would only be used “for sake of speed” and would subsequently be repaid by its neighbour country.
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Mexico central bank sells $1 billion to prop peso after Trump slump: traders

Mexico central bank sells $1 billion to prop peso after Trump slump: traders*/

– MEXICO CITY Mexico’s central bank sold dollars in Mexico and New York on Thursday to fight off the peso’s nose dive to record lows amid fears U.S. President-elect Donald Trump’s protectionist policies could further hammer Latin America’s second-biggest economy.The central bank sold at least $1 billion in U.S. currency in morning trade, four traders told Reuters, asking not to be identified because they were not authorized to speak publicly.The bank kept the amount confidential.
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Trump on wall: Mexico will pay us back

Trump on wall: Mexico will pay us back*/

– President-elect Donald Trump says Mexico will reimburse taxpayers for a new border wall and that US money spent will be for the “sake of speed.”Trump’s aides are considering a plan to ask Congress to ensure money is available in US coffers for the wall.But Trump would rely on existing law that authorises fencing and other technology along the southern border.
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