That was exhausting. Yesterday he brought a mixture of tariffs that probably reflect the type of oscillations in the feeling that we will have to wait while President Trump handles the tariff hammer on the main business partners of the US Scotiabank.
The USD is modestly softened in a quieter trade
“The president of Mexico said he had an agreement for an extension of 1 month of border -related tariff I really had it. retaliation on a limited number of American goods as US tariffs entered into force. “
“Volatile trade in all kinds of assets yesterday has calmed down while investors take stock. Yesterday’s developments supported the hopes that tariffs will not become a permanent characteristic of the economic landscape. But clarity is still Tariffs are a temporary measure to obtain concessions (limited, in cases of yesterday) or will be used to increase income and finance tax cuts in other places, as Trump has suggested, and therefore they are likely to remain in force. “
“The US dollar (USD) was negotiated well below the maximum intradia and closed clearly lower yesterday in general. A little more softness has been infiltrated this morning, which suggests that the markets feel that the threat Trump tariff is worse than the bite, but that is about to be seen. headlines on tariff developments to track the data. “
Source: Fx Street
I am Joshua Winder, a senior-level journalist and editor at World Stock Market. I specialize in covering news related to the stock market and economic trends. With more than 8 years of experience in this field, I have become an expert in financial reporting.
