Trump's plan to impose a 25% tariff on Canada and Mexico has never had a clear timetable. Although Trump announced on February 2nd that tariffs would be implemented on March 4th, he immediately agreed to postpone them until April 2nd and hinted that the tariffs may only be partially effective.

However, White House officials stated in subsequent statements that the deadline remains March 4th, raising doubts about whether Trump will extend it again.

If Canada and Mexico can curb the influx of immigrants and fentanyl into the United States, Trump may further extend the tariff implementation period, "said US Commerce Secretary Howard Ratnick

Trump's repeated statements have made tariff policies appear inconsistent, especially the confusion of equivalent tariffs, making it difficult for the market to accurately anticipate future actions.

EU faces 25% tariff threat, policy details still unclear

Trump mentioned in a cabinet meeting that the EU may face a 25% tariff, but did not specify whether this tariff will cover all goods or only target certain specific products. He emphasized that the EU's economic integration is different from other countries and called it "taking advantage of the United States".

But then Trump changed the topic and mentioned issues such as car tariffs, causing doubts in the market about the specific implementation plan of EU tariffs.

White House officials said, "Trump's proposal on EU tariffs is still under consideration and has not yet been decided whether to fully implement it

At present, Trump's tariff remarks have put pressure on the euro in the short term, as there is uncertainty in the market about whether EU exports will be affected.

Market reaction triggered by tariff rhetoric: intensified volatility of the US dollar

Trump's tariff statement has triggered a sharp fluctuation in the US dollar. Firstly, the Canadian dollar and Mexican peso strengthened, followed by a weakening of the euro due to market concerns about EU tariffs.

These fluctuations reflect investors' uncertainty about Trump's policies, especially in the context of highly tense global trade relations, where changes in tariff policies may bring more market anxiety.

Market analysts pointed out that "Trump's repeated rhetoric and policy uncertainty may continue to affect the US dollar, and investors need to closely monitor his final decisions on tariffs on Canada, Mexico, and the European Union

Editor's viewpoint:

Trump's tariff rhetoric further exacerbates the uncertainty of the global economy, especially in the absence of complete clarity on trade and foreign policy. For the US dollar, euro, and other major currencies, Trump's tariff decision may bring more volatility.

From Mexico to the European Union, Trump's unpredictable attitude has brought more uncertainty to the global market and made companies and investors need to be more cautious when making decisions.