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Trump's Mixed Tariff Signals Create Market Uncertainty

Shifting deadlines and vague trade policies from the White House weigh on currencies, stocks, and economic outlooks.

  • President Trump has suggested a possible delay to tariffs on Canadian and Mexican goods until April 2, but a White House official stated the original March 4 deadline remains in effect.
  • Trump also floated a potential 25% tariff on European cars and goods, further unsettling global trade expectations.
  • The U.S. dollar firmed slightly after a recent slump, but ongoing trade uncertainty and weak economic indicators have raised concerns about growth and inflation.
  • Markets are pricing in at least two Federal Reserve interest rate cuts in 2025, with the first expected as early as July, as economic concerns deepen.
  • Major indices and commodities showed mixed performance, with Asian stocks fluctuating, oil prices recovering slightly, and gold holding steady below record highs.
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