Tariff Threats: Now a Reality | Metals Mine

  • Tariff Threats: Now a Reality

    From economics.bmo.com

    Remember how the world breathed a sigh of relief on Inauguration Day, because President Trump did not mention tariffs at all in his speech? That relief did not last: while signing Executive Orders in the Oval Office, a reporter asked about tariffs. “We are thinking in terms of 25% on Mexico and Canada… I think February 1st… I think we’ll do it February 1st.” And so it began. After the back and forth, those tariff threats have now become reality. Since January, businesses worldwide have found it difficult to plan ahead. A deer in the headlights? Central bankers, outside the U.S., have debated what the ... (full story)

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Victormwila
Aug 9, 2025 3:56am
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The U.S. and China may extend their tariff truce at talks next week in Stockholm, while stateside the U.S. Consumer Price Index, CPI, number comes out on Tuesday.
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