Bloomberg with the headline, aluminium tariffs on Canada set to be announced by the US by week's end.
USD/CAD up a few points.
Update, details via Bloomberg, citing according to people familiar with the matter:
- Trump administration is considering re-imposing tariffs on aluminum imports from Canada
- announcement could come by the end of the week
- If Canada refuses to impose export restrictions on aluminum, the U.S. will announce Friday the re-imposition of 10% tariffs on aluminum from the country and implement the tariffs by July 1, according to the people,
