I posted on the imminent hit to China here:
That 5 hours has shrunk now, the tariffs are due for implementation at 1201 US Eastern time (0501 GMT) on Tuesday, February 4, 2025.
The USD has turned higher, here is the AUD, for example:
AUD/USD leapt higher on the good news out of Canada, noted in the chart with an arrow
This article was written by Eamonn Sheridan at www.forexlive.com.
