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
Daily summary: CPI reading hits markets, hawkish Fed and Wall Street selloff
⬇️EURUSD pulls back ahead of CPI
📊Economic Calendar - Key US CPI Report in the Shadow of Geopolitical Tensions (10.11.2026)
📈Morning Wrap: Tech Bounce and Oil Price Collapse Following Signals of De-escalation Around Iran