Trump's new tariffs create market uncertainty, US indices struggle, dollar gains

From Investing.com: 2025-03-12 05:59:00

Trump continues to cause market uncertainty with new tariffs, particularly on Canadian imports. US stock indices struggle as investors remain unsure of tariff outcomes. US dollar sees gains against major currencies amid market turmoil. The US CPI report is set to be released, with expectations for a possible upside surprise. Market pricing in rate cuts due to weak stock performance and recession fears. BoC expected to cut rates by 25bps, citing trade relationship concerns with the US. Yen weakens, but positive wage agreements could support a slightly hawkish BoJ stance.



Read more at Investing.com: Trump’s Inconsistent Tariff Policies Continue to Dampen Risk Appetite