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Trump fills the market with information in 30 minutes: tariffs, Russia and Ukraine, massive investments
March 4 Statement: On Monday local time, President Trump announced in a press conference that the United States will impose a 25% tariff on Canada and Mexico starting from March 4, and that there is no longer room for negotiations with these American allies. The Canadian Foreign Minister responded that they are prepared to impose tariffs on American goods worth 155 billion Canadian dollars. In addition, Trump announced that the United States will begin applying retaliatory tariffs starting from April 2, and will impose punitive tariffs on countries that resort to devaluing their currency. The press conference, where journalists competed to ask questions, lasted for about 30 minutes. Trump previously revealed that he will impose tariffs on agricultural products starting from April 2. Regarding the conflict between Russia and Ukraine, Trump said that despite a public dispute between him and Zelensky, the metal deal with Ukraine has not been canceled so far, and there has been no discussion of suspending military aid to Ukraine. Trump also hinted that Zelensky's presidency may be at risk if he does not agree to sign a ceasefire agreement. An update will be provided on the progress of the metal deal on the evening of March 4. As for US-Russian relations, there are reports suggesting that the United States is formulating a plan that could grant Russia an exemption from sanctions.