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25 Feb 2025

New Tariff Threats Add to Unease

The US dollar is up only slightly against its peers this morning after Donald Trump said tariffs on Canada and Mexico are “going forward on time, on schedule”. Speaking with reporters after yesterday afternoon’s meeting with French president Emmanuel Macron, Trump claimed the United States had been “led, in some cases, by fools,” saying “I look at some of these [trade] agreements, I’d read them at night and I’d say, ’Who would ever sign a thing like this?’ So the tariffs will go forward, yes, and we’re going to make up a lot of territory… Our country will be extremely...

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