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Will Canada and Mexico tariffs hit? Trump official says they’re avoidable or possibly short term. - MarketWatch

1. Lutnick downplays potential 25% tariffs on Canada and Mexico as avoidable. 2. Tariffs aimed at curbing illegal immigration and fentanyl trafficking, not typical tariffs. 3. Economists warn proposed levies may increase inflation amid already elevated prices. 4. Lutnick defends cryptocurrency Tether amid critiques from Senator Warren. 5. He emphasizes the need for respect in U.S.-Canada-Mexico trade relationships.

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FAQ

Why Neutral?

While tariffs could impact inflation, Lutnick's comments suggest a resolution may be possible. Thus, immediate price fluctuations for USDTUSD are unlikely.

How important is it?

The article discusses U.S. economic policies that may indirectly affect USDTUSD, especially regarding inflation and tariffs.

Why Short Term?

The tariff discussions create uncertainty, which might influence markets temporarily. Long-term implications depend on actual trade actions.

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