Tariffs: Mexico and Canada delayed, 25% coming Europe’s way
Thursday 27th February 2025
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President Trump has his first cabinet meeting and announced delays on the introduction of tariffs for Mexico and Canada (now April 2nd) and revealed how much Europe will be paying (25%) although he was a bit nonspecific on some of the detail. Nab’S Ray Attrill says the US Houe of Reps has also passed the budget, which includes big spending cuts, but tax cuts see the deficit expanding. It did impact bond yields a little, but there’s not been much market reaction to the…
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