Market News
Dollar regains ground as Trump floats Canada, Mexico tariffs - REUTERS
By Samuel Indyk and Wayne Cole
Summary
- Dollar rebounds, focus on US tariff plans
- Trump says thinking of tariffs on Canada and Mexico
- Trump: US not ready for universal tariffs yet
LONDON, Jan 21 (Reuters) - The dollar partially rebounded on Tuesday after sliding the day before as President Donald Trump suggested the U.S. could impose tariffs on Canada and Mexico by Feb. 1, challenging suggestions his trade policy may be more gradual.
Trump told reporters his team was thinking of tariffs around 25%, but offered no other specifics. He also floated the idea of universal tariffs, but said the U.S. was not ready for that yet.
