Tariff talking Trump is pushing around markets.
Earlier:
- Pres. Trump to put 25% tariff on Canada and Mexico The USDCAD spike higher
- Trump hasn’t yet put tariffs on Mexico and Canada but repeats that he will
Now this from him:
- China is going to end up paying a tariff as well
- We’re in the process of doing a China tariff
Headlines about Trump hitting countries with tariffs tends to boost the USD and cut the legs out from risk.
This article was written by Eamonn Sheridan at www.forexlive.com.