- Repeats that April 2 will be ‘liberation day’
- Some of that money will come back to us as tariffs
- Musk is at Pentagon to address costs
- I want car companies to build here
- Says he will be speaking with China’s Xi
The US dollar has made a move higher in the past few minutes in part due to a report saying that France has floated harsh retaliations against the US. Most of this is the usual rhetoric but I take some comfort in him opening up the door to at least negotiating with China.
- There will be flexibility on tariffs
- Basically it’s reciprocal
- We can’t be expected to carry Canada
The comments about Canada are non-sense, as usual. The only reason the US has a surplus with Canada is because Canada sells the US discounted oil.
More:
- We are going to have a full ceasefire very soon in Ukraine
This article was written by Adam Button at www.forexlive.com.