Bark v bite : Mexico tariffs on hold
Tuesday 5th February 2025NAB Markets Research Disclaimer Financial Services Guide | Information on our services - NABIs Donald Trump’s bark worse than his bite? At the last moment President Trump has stalled tariffs on Mexico for a month to give them time to negotiate a deal. As yet, no similar reprieve for Canada but, as NAB’s Ray Attrill points out, it has moderated the reaction, particularly in equities and FX markets. “Time to reread The Art of the Deal,” says Ray. Does this mean future proclamations are less solid? China, meanwhile, seems more conciliatory in its response, with the Wall…
The skinny
The skinny isn't ready yet — notes appear once the transcript is processed.