Created
: 2025.02.28
- English
- English
- What's Myforex
- Share
- Use tools
- Get information
- What's New
- Help center
- About us
- Customer support
- Terms and policies
-
-
PortfolioShare your portfolio and performance in real time -
Events & contestsEvents and contests held by retail brokers around the world
-
-
Real-time spread comparisonCompare spreads of major retail brokers in real time -
Volatility analysisVisualize volatility as a measure of daily market activity -
Swap point comparisonCompare buy and sell swap values for each broker by symbol -
Market rates & chartsCheck prices for all instruments offered by each broker -
IndicatorsProviding in-house developed indicators for MT4/MT5 -
Trading calculatorsCalculation tools for each broker to help you trade
-
-
World FX newsLatest news on forex and cryptocurrencies from around the world -
Broker informationTrading information of retail brokers worldwide -
MetaTrader4/5 user guideUser guide collection for the latest MetaTrader4/5 -
Economic calendarRelease calendar for indicators from official sources of major economies
US President Donald Trump: Canada, Mexico tariffs coming March 4
World FX news
Breaking news
US President Donald Trump: Canada, Mexico tariffs coming March 4
New
2025.02.28 00:32
2025.02.28 00:32
2025.02.28 00:32
United States (US) President Donald Trump hit social media on Thursday, taking to the streets of X (nee Twitter) to inform global markets that his planned 25% tariff package aimed at Mexico and Canada will now be coming into effect on March 4, rather than the April 2 date he reaffirmed just hours earlier. President Trump also informed markets that he plans to impose an additional 10% tariff on Chinese goods on that date.
At the same time, White House officials primed the pump on additional "reciprocal tariff" packages that are also in the pipeline aimed at a wide swath of countries, which will likely expand to include the UK and the European Union in general. More statements from President Trump are expected throughout the day.
Key highlights
Trump: Mexico and Canada tariffs on March 4. China to also be charged an additional 10% tariff on that date.
April 2 reciprocal tariff date remains in full force.
Trump admin official: trade to be part of Trump-Starmer discussions; the US wants reciprocal, equal trade with the UK.
Last updated
: 2025.02.28
Related articles
Fed's Hammack: Further easing in inflation far from certain
10 minutes agoUS Dollar surges after strong GDP and inflation data
2025.02.28 02:50EUR/USD Price Analysis: Pair plunges after third rejection at 100-day SMA
2025.02.28 01:20BoJ's Ueda: Will make policy decisions after looking at US policy impacts
2025.02.28 01:03US President Donald Trump: Canada, Mexico tariffs coming March 4
2025.02.28 00:31Mexican Peso tumbles as Trump confirms Mexico tariffs for March
2025.02.28 00:20
FXStreet is a forex information website, delivering market analysis and news articles 24/7.
It features a number of articles contributed by well-known analysts, in addition to the ones by its editorial team.
Founded in 2000 by Francesc Riverola, a Spanish economist, it has grown to become a world-renowned information website.
Was this article helpful?
We hope you find this article useful. Any comments or suggestions will be greatly appreciated.
We are also looking for writers with extensive experience in forex and crypto to join us.
please contact us at [email protected].
Thank you for your feedback.
Thank you for your feedback.
Most viewed
Fed's Hammack: Further easing in inflation far from certain
Federal Reserve (Fed) Bank of Cleveland President Beth Hammack noted on Thursday that interest rates are likely on hold for the time being as inflation data starts to pose a growing problem for central policymakers.
New
2025.02.28 03:40Dow Jones Industrial Average shrugs off new tariff threats
The Dow Jones Industrial Average (DJIA) knocked around 400 points higher at its highest on Thursday, driven by a heavy bounceback in overweight stocks listed on the Dow Jones.
New
2025.02.28 03:20US Dollar surges after strong GDP and inflation data
The US Dollar Index (DXY), which tracks the performance of the US Dollar (USD) against six major currencies, is extending gains on Thursday, breaking above 107.00 as markets digest the second reading of United States (US) Gross Domestic Product (GDP) and its inflation components.
New
2025.02.28 02:50EUR/USD Price Analysis: Pair plunges after third rejection at 100-day SMA
The EUR/USD pair suffered a sharp decline on Thursday, sinking to its lowest level in two weeks as sellers took control following yet another failure at the 100-day Simple Moving Average (SMA).
New
2025.02.28 01:20BoJ's Ueda: Will make policy decisions after looking at US policy impacts
Bank of Japan (BoJ) Governor Kazuo Ueda noted on Thursday that US policy uncertainty is impacting how central banks are doing their jobs, and highlighted that the BoJ will be watching data closely in the runup to possible widespread tariffs.
New
2025.02.28 01:03US President Donald Trump: Canada, Mexico tariffs coming March 4
United States (US) President Donald Trump hit social media on Thursday, taking to the streets of X (nee Twitter) to inform global markets that his planned 25% tariff package aimed at Mexico and Canada will now be coming into effect on March 4, rather than the April 2 date he reaffirmed just hours earlier.
New
2025.02.28 00:31Mexican Peso tumbles as Trump confirms Mexico tariffs for March
The Mexican Peso (MXN) depreciated against the US Dollar (USD) after United States (US) President Donald Trump revealed that delayed tariffs to be enacted in February would kick in on March 4 for Mexico and Canada.
New
2025.02.28 00:20Fed's Schmid: Uncertainty might also weigh on growth
Kansas City Federal Reserve President Jeff Schmid said on Thursday that recent surveys indicating a rise in consumer inflation expectations showed the central bank must stay focused on fully containing price pressures, noting it was a growing and potentially troubling concern for policymakers.
New
2025.02.27 23:29GBP: Focus on PM Starmer visit to Washington - Scotiabank
Pound Sterling (GBP) is trading marginally higher against the USD on the session but Cable remains well below yesterday's intraday high and the lack of new factors driving UK markets this morning suggests limited scope for gains to extend, Scotiabank's Chief FX Strategist Shaun Osborne notes.
New
2025.02.27 22:54EUR/USD: Gains are capped in low 1.05s - Scotiabank
The EUR remains largely range-bound in rather featureless trade.Spanish core CPI fell to 2.1% in February, the lowest since December 2021, hinting at some potential progress in Eurozone inflation, Scotiabank's Chief FX Strategist Shaun Osborne notes.
New
2025.02.27 22:49Disclaimer:
All information and content provided on this website is provided for informational purposes only and is not intended to solicit any investment. Although all efforts are made in order to ensure that the information is correct, no guarantee is provided for the accuracy of any content on this website. Any decision made shall be the responsibility of the investor and Myforex does not take any responsibility whatsoever regarding the use of any information provided herein.
The content provided on this website belongs to Myforex and, where stated, the relevant licensors. All rights are reserved by Myforex and the relevant licensors, and no content of this website, whether in full or in part, shall be copied or displayed elsewhere without the explicit written permission of the relevant copyright holder. If you wish to use any part of the content provided on this website, please ensure that you contact Myforex.
Myforex uses cookies to improve the convenience and functionality of this website. This website may include cookies not only by us but also by third parties (advertisers, log analysts, etc.) for the purpose of tracking the activities of users. Cookie policy
