Trump says 25% tariff on cars from Canada could go higher:
- we don’t want cars from Canada
- has spoken to Canadian Prime Minister Carney, we’ve had nice conversations
- working on a deal with Canada
- dollar is a bit on the low side
- not considering changes to auto parts, auto tariffs (contradicting this from earlier: The FT is reporting that Trump will exempt carmakers from some US tariffs )
This article was written by Eamonn Sheridan at www.forexlive.com.