US dollar hits five-year highs against Canadian currency as Japan’s Nikkei index swings between losses and gainsBusiness live – latest updatesFinancial markets swayed after Donald Trump took office and did not immediately impose new trade tariffs in his executive orders, but later signalled punitive tariffs on Mexico and Canada.The new US president told reporters in the White House’s Oval Office that he was thinking about introducing 25% US tariffs on imports from Mexico and Canada as soon as 1 February. Continue reading...