The week ahead – Tariffs to kick in and Trudeau set to be replaced

This week’s highlight will be the February inflation report in the US, with the University of Michigan survey also in focus amidst weakening confidence and rising inflation expectations.

Developments on the tariff front will also have a big impact on market sentiment.

On Monday, China is set to impose tariffs of up to 15% on various US imports, while the US set to impose steel and aluminium tariffs of 25% on the European Union from Wednesday.

Canada will be in the spotlight too, with the governing Liberal Party set to announce a replacement for Justin Trudeau in a leadership vote on Sunday.

This comes at a volatile time, ahead of the Canadian general election which must be held by October.

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