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CNBC: On tariffs, Trump wanted to "lay down the gauntlet"
USD
- Trump wanted to "lay down the gauntlet" with tariffs after moves on electricity by Ontario's Premier Ford
- Nothing has been signed yet on the 50% tariffs
- Ontario's Ford and Commerce Sec. Lutnick to speak later today.
- Don't see tariffs removed unless Pres speaks with Canada PM Carney.
If there is talk, there is potential for another resolution. However, Trump wants his way.
Source: Forex Live