US President Trump had earlier confirmed that 25% tariffs will be imposed on Mexico and Canada with a 10% rate for energy imports and a 10% tariff on China beginning February 4. However, the proposed tariffs on Mexico and Canada have been paused “for at least 30 days” as both countries pledged to reinforce border security to prevent drug smuggling.

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Vis Nayar

Vis Nayar is the Chief Investment Officer and a member of the Executive Management Committee at Eastspring Investments. Vis spearheads Eastspring’s investment platform encompassing equities, fixed income, multi asset and quantitative solutions, and oversees investment offerings across markets.

Information provided is general information and is for educational purposes only, and does not include, or constitute as, financial product advice.