A note from JP Morgan on Monday said tariff risk will be ongoing for the whole year:“We do not think that we are out of the woods on this front"“We see tariff headline news flow risk as a continuous theme through this year, and beyond. If the trade war escalates, business confidence generally will be hit, but the US is likely to be less affected than others"Its hard to think otherwise. Its sometimes just someone mouthing off. There's a lot of it about:Trump Confirms tariffs on Canada, Mexico ‘will go forward’ This article was written by Eamonn Sheridan at www.forexlive.com.