Trump Confirms tariffs on Canada, Mexico ‘will go forward’

ICYMI – Trump was asked at a press conference about the tariffs on Canada and Mexico, that were postponed until March 4, 2025, at 12:01 a.m. EST:

• “The tariffs are going forward on time, on schedule,”
• whined that the U.S. has “been taken advantage of” by foreign nations on “just about everything,”
• “So the tariffs will go forward, yes, and we’re going to make up a lot of territory”
• Trump also hinted at reciprocal tariffs coming

Trump’s policy pronouncements weighed on risk assets. Major stock indexes closed lower again on Monday.

This article was written by Eamonn Sheridan at www.forexlive.com.