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FX.co ★ Trader’s calendar on March 5: Tariffs may threaten not just global economy

Trader’s calendar on March 5: Tariffs may threaten not just global economy

Donald Trump intends to impose 25% tariffs on imports from Mexico and Canada, 20% total tariff burdens on Chinese goods, 25% surcharges on all steel and aluminum imports, and 25% on trade with the European Union. Are Americans ready to share his views? If all of the US president’s tariff plans take effect, prices in the country will rise, and the economy is likely to slow down. Even the previously stable US labor market has already felt the initial impact of the White House's staffing reforms. Let’s take a look at other macroeconomic indicators. You are watching Trader’s calendar on March 5.

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