- Govt order on Canada/Mexico/China come into impact on Feb 4
- New Canada tariffs do not apply to items loaded onto vessels or in transit earlier than Feb 4
- Can take away new Canada tariffs if sufficient steps taken to scale back well being disaster
Canada is promising to announce retaliation later at the moment after he speaks with Mexico’s President (whom we have not heard from).
I nonetheless see room to barter right here and the delays to implementation trace at a gap. The WSJ is not pulling any punches.
This text was written by Adam Button at www.forexlive.com.
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