According to Bloomberg information, tariffs on Canada and Mexico will take effect on April 2nd. Previously, the White House had signaled that the changes would occur in March. The delay in trade changes provides relief to the Mexican peso and the Canadian dollar.
Furthermore, Donald Trump has announced that tariffs on the European automotive sector, among others, will amount to 25%.
Source: xStation
BREAKING: Eurozone recovery? Positive PMI data tempered by high oil and gas prices
Economic Calendar: Industry’s condition in the shadow of oil prices
Daily Summary: Trump's War Threats Weigh on Markets. Wall Street Sinks into the Red
Economic Calendar: Time for Tesla and Google Earnings (22.07.2026)