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US President Trump threatens large scale tariffs on EU, Canada if they do economic harm to the US

In his latest post on the Truth Social platform, US President Donald Trump threatened, "if the European Union works with Canada in order to do economic harm to the USA, large scale Tariffs, far larger than currently planned, will be placed on them both in order to protect the best friend that each of those two countries has ever had.”

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USD/CHF weakens below 0.8850 on tariff uncertainty

The USD/CHF pair trades on a softer note around 0.8825 during the early European session on Thursday.
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ECB’s Kazaks: We can probably keep cutting if baseline holds

European Central Bank (ECB) policymaker Martins Kazaks commented on the Bank’s easing trajectory.
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