Kevin Hassett optimistic about Canada-Mexico negotiations

Kevin Hassett, a White House economic advisor, expressed optimism about progress in negotiations with Canada and Mexico. He noted improvements in immigration control and efforts to combat fentanyl. Hassett confirmed that reciprocal tariffs will take effect on April 2. He mentioned ongoing negotiations with both countries, emphasizing positive developments related to trade policies. The USD/CAD exchange rate fell by 39 pips, reaching its lowest point in a week. This decline reflects market reactions to the upcoming tariff changes and ongoing discussions.