Tariffs on Mexico and Canada begin on February 1, or do they? Whether President Trump is merely posturing or not, the threat is real and the situation globally they would be starting from makes for a difficult mix. That's why the dollar is rising, rates are falling, and real economy variables are already experiencing significant pressure.
Eurodollar University's Money & Macro Analysis
Bloomberg Trump Plans to Impose 25% Tariffs on Mexico, Canada by Feb. 1
https://www.bloomberg.com/news/articles/2025-01-21/trump-plans-to-enact-25-tariffs-on-mexico-canada-by-feb-1
WSJ The Big Risk of a Trade War: Inflation
https://www.wsj.com/articles/the-big-risk-of-a-trade-war-inflation-1522926022
Bloomberg Why the Freight Market Is Stuck
https://www.bloomberg.com/opinion/articles/2025-01-17/j-b-hunt-warning-shows-freight-is-stuck-in-place
Rueters Canadian dollar posts biggest decline among G10 currencies
https://www.reuters.com/markets/currencies/canadian-dollar-posts-biggest-decline-among-g10-currencies-2025-01-16/
Bloomberg Trump’s Pledge to Slap 25% Tariffs on Mexico Sinks Peso
https://www.bloomberg.com/news/articles/2025-01-21/trump-s-pledge-to-slap-25-tariffs-on-mexico-sinks-peso
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Twitter: https://twitter.com/JeffSnider_EDU
What is Eurodollar University?
Jeff Snider will guide you through the realm of monetary science. Multiple episodes uploaded each week, discussing big news and key current events, the state of markets and what they are telling you, as well as historical summaries and deep background material so that you can understand what’s really going on in this eurodollar’s world.