- Says he thinks Trump will meet Mexico and Canada in the middle on tariffs
- We’re going to probably be announcing that tomorrow
- If USMCA rules are followed, Trump is considering relief
- We’ll see tariff changes on April 2 with Mexico and Canada
- Canadians like to cheat
Does he think that some kind of 12.5% tariff will de-escalate? That’s hard to believe. It’s also odd that he’s talking about tariff changes with Mexico and Canada on April 2.
I guess we will have to wait and see but this sounds like the start of a climb-down.
- Trump is to move with Canada and Mexico but not all the way
- Trump may roll back Mexico-Canada tariffs tomorrow
There is CAD buying on this and broader US dollar selling.
This article was written by Adam Button at www.forexlive.com.
