President-elect Donald Trump has upped his tariff threats, and some nations have already adjusted their strategies in response. The Trump team is still working on a deal with Mexico’s president to end the 25 percent tariff threat on Canadian and Mexican goods but the lack of progress has caused concern for some American business owners.

Gold futures fell Monday to start both the new week and month, pressured by a stronger dollar after President-elect Trump warned BRICS nations that he would require commitments that they would not move to create a new currency.

The dollar is the global reserve currency and there is no sign of that changing. People use it because it’s in their interest to do so. No one forces them. There is simply no currency out there in the world that can replace it in terms of volume or liquidity. It’s not even close.