⚠️ President Trump acknowledged potential economic pain from tariffs but framed it as a minor disruption.
💰 Tariffs are intended to make the United States rich and great again, with revenue used to rebalance trade relations.
🌍 Trade tensions continue as Canada and Mexico respond to U.S. tariffs with their own measures.
📈 Markets await potential compromises on tariffs, with the U.S. considering meetings with Canada and Mexico.
@bernardodegarcia:
“President Donald Trump addressed market stress over the tariffs, saying it is a small disruption due to the levies that is good for the economy. The tariffs are intended, as we said, to make the United States rich and great again, and it is happening and will happen quite quickly, he said, as we commented yesterday in his speech. New economic releases on Wednesday morning that could shed light on the state of the U.S. economy include the ATP private payroll report for February, as well as the purchasing managers index for last month. Among the companies that will present their quarterly results during the day today are…”
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