๐บ๐ธ๐ Implementation of U.S. Tariffs ๐: Effective today, the United States has imposed a 25% tariff on imports from Canada and Mexico, and a 10% tariff on imports from China. These measures aim to address trade imbalances and protect domestic industries. โ
๐บ๐ธ๐๏ธ Presidential Address to Congress ๐๏ธ: President Donald Trump is scheduled to deliver his first address to Congress since his re-election, where he is expected to discuss the newly implemented tariffs and their anticipated impact on the U.S. economy. โ investopedia.com
๐ Key Data Releases ๐:
๐ Tuesday, March 4:
๐๏ธ Treasury Auctions ๐๏ธ:
8-Week Bill Auction (6:00 AM ET): The U.S. Department of the Treasury will auction 8-week bills, providing insights into short-term government borrowing costs.โ
17-Week Bill Auction (10:00 AM ET): A 17-week bill auction will also take place, offering additional perspective on investor demand for U.S. debt instruments.โ
4-Week Bill Auction (10:00 AM ET): The Treasury will auction 4-week bills, contributing to the understanding of immediate-term borrowing conditions.โ
โ ๏ธ Disclaimer: This information is for educational and informational purposes only and should not be construed as financial advice. Always consult with a professional financial advisor before making investment decisions.โ ๏ธโ
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