A White House official says there is no change of heart on President Trump's plan for 15% under section 122, but timing of change is unclear
This statement reflects the administration's continued commitment to President Trump's proposed trade policy, specifically the 15% tariff under section 122.
Home Depot (HD) CFO announce that they anticipate pressures from economic uncertainty to continue to persist in fiscal 2026
BoE's Bailey says he will be going into the coming meetings asking if a cut is justified. Expects inflation to get back in proximity to the target in April. Rate cut at the next meeting is a genuinely open question.
A White House official says there is no change of heart on President Trump's plan for 15% under section 122, but timing of change is unclear
India's Trade Minister says India is open to calibrated approach on allowing China investments in consultation with the industry
Canada imposes sanctions on 100 vessels from Russia's shadow fleet, lowering its price cap for Russian crude to USD 44.10/bbl (prev. 47.60); Canada is renewing its military training mission in Ukraine for three years to 2029
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While the clarity on timing suggests potential for market speculation, consistent messaging may stabilize expectations for USD and trade-related assets. Traders should watch for reactions in equities and commodity markets as uncertainty around implementation can influence market sentiment.
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