The White House says Trump will implement 25% tariffs on Mexico and Canada plus 10% tariffs on China on Saturday as Trump has said many times.
In immediate reaction the Canadian dollar has given back its gains and it's similar elsewhere with the US dollar climbing.
A few points:
Welcome to Trump-trading. If you weren't around for the first go-round, get used to it. Leaks, counter-leaks, threats, denials.You better have high conviction if you're holding anything that can get bounced around on these kinds of headlinesThe signal-to-noise ratio is brutalSources from places like Reuters, Bloomberg, the WSJ and other top media are impeccable. They don't make things up but the administration may have rival factions and things can be leaked for many purposes This article was written by Adam Button at www.forexlive.com. Read More Details
Finally We wish PressBee provided you with enough information of ( White House: The report is false. The Feb 1 deadline still holds )
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