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Trump says 25% tariff on Canada and Mexico coming Saturday

U.S. News & World Report on MSN · 3h

Is Saturday D-Day for Trump’s Tariffs?

Join the club. Washington is playing the waiting game as Feb. 1 nears. By our complex calculations, that’s Saturday, and it’s the date Trump has teased for when Mexico and Canada – two of America’s largest trading partners – will be slapped with 25% tariffs. (China, meanwhile, could get a 10% levy.)

Bloomberg on MSN · 1h

Trump Tariff Vow Heaps Pressure on Canada, Mexico, China FX

President Donald Trump’s renewed pledges to slap 25% tariffs on imports from Canada and Mexico on Feb. 1 jolted foreign exchange markets late in the New York trading session, sending currencies from both countries plunging against the US dollar.

The Financial Times · 2h

Donald Trump says he might exclude oil from tariffs on Canada and Mexico

Donald Trump has said he is considering excluding oil imports from the 25 per cent tariffs he has threatened to impose on Mexico and Canada, in a sign the US president might offer exemptions for crucial industries.

Fed, Trump

The New York Times · 1d

Trump’s Tariffs Scramble Fed’s Interest Rate Calculus

Economists predict that the Trump administration’s trade policies could push up prices for consumers, making it harder for Fed officials to cut rates.

The Associated Press on MSN · 1d

Fed likely to hold rates steady despite Trump call for cuts as it awaits tariff, immigration changes

Outside of a U.S. President bending norms, the Fed also faces challenges in achieving its economic objectives. Inflation remains above its 2% target: Its preferred measure is at 2.4%, though core prices — considered a better gauge of where inflation is headed — rose 2.8% in November from a year ago.

Bloomberg L.P. · 1d

Trump Can Have Lower Interest Rates Without Bullying the Fed

It’s too early to let down our guard against tariffs, but the inflation picture is looking increasingly benign.

2h

Mexican Peso dives as Trump tariffs comments boost US Dollar

The Mexican Peso (MXN) erased its earlier gain after US President Donald Trump stated that he would impose 25% tariffs on ...

7d

Mexico headline inflation in early January beats expectations, slides below 4%

Mexico's annual inflation rate slowed to its lowest level in almost four years in the first half of January, official data ...

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