Trump says 25% tariff on cars from Canada could go higher

Trump says 25% tariff on cars from Canada could go higher:

• we don’t want cars from Canada
• has spoken to Canadian Prime Minister Carney, we’ve had nice conversations
• working on a deal with Canada
• dollar is a bit on the low side
• not considering changes to auto parts, auto tariffs (contradicting this from earlier: The FT is reporting that Trump will exempt carmakers from some US tariffs )

This article was written by Eamonn Sheridan at www.forexlive.com.