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25% tariffs on Mexico, Canada by Feb. 1
Dollar rebounds as Trump talks of Canada, Mexico tariffs
Trump was quoted saying his team was thinking of tariffs around 25% which could be announced on Feb. 1 but offered no other specifics.
Dollar recovers as Trump proposes Canada and Mexico tariffs
The U.S. dollar rose on Tuesday, recovering from its biggest daily percentage drop in 14 months after President Donald Trump suggested the U.S. could impose tariffs on Canada and Mexico by Feb. 1, countering expectations he might take a gradual approach.
Trudeau says Canada will respond to US tariffs as Ontario’s premier says Trump ‘declared war’
Trump pledged in his inaugural address that tariffs would be coming in a speech in which he promised a golden era for America. He later said Canada and Mexico could be hit with the tariffs as soon as Feb. 1, though he signed an executive order requesting a report coordinated by the Secretary of Commerce by April. 1.
13h
Canadian dollar pares decline on US tariff skepticism
The Canadian dollar recouped much of its earlier decline against the greenback on Tuesday as investors assessed the chances ...
2h
on MSN
Bank of Canada's job 'far from done': What economists are saying about the inflation data
“The Bank of Canada’s job is still far from done even after the cumulative 175 basis points of rate cuts from the five per ...
3d
Canadian Dollar: What Every Forex Trader Needs to Know
The Canadian dollar is important in the forex market because it is one of the most traded currencies worldwide.
17h
US dollar retreats from 2-year highs as Trump's 'shock-and-awe' trade policy looks to be 'more measured'
On Monday, the dollar index experienced its largest drop since November 2023, retreating from near two-year highs as the ...
23h
on MSN
Canadian dollar weakens, benchmark yield slips
The Canadian dollar weakened against the greenback on Tuesday, and the yield on benchmark government debt slipped. The loonie ...
15h
Dollar Recovers Ground as U.S. Markets Poised to Reopen
The dollar has rebounded, regaining some of the ground it lost on President Trump holding off on immediately introducing new ...
13h
In theory, Canada could match Donald Trump’s tariffs. In reality, it would get messy
It’s one thing to talk tough and say Canada should throw a dollar-for-dollar counterpunch in response to Donald Trump’s 25 ...
1d
Base Metals Drop as Dollar Rises After Trump Renews Tariff Call
Base metals fell after US President Donald Trump said he would likely enact tariffs on Mexico and Canada on Feb. 1, souring ...
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