What happened to the 30 day moratorium then? USD/CAD higher this morning

The sharp reversal in the USD/CAD covered here over the past week, saw it slide back from a new   multi- year high at 1.4793. The low seen on Wednesday was set at 1.4270 and following the release of the Canadian jobs report on Friday, the USD/CAD came very close to that low once again. In the event the downside move stalled around 1.4275. The news that emerged after that saw the USD/CAD hold that low ahead of the US close. The USD/CAD closed in the US at 1.4293. The news over the weekend; that Trump is to enact a broad-based 25% tariff on all US steel and aluminium imports has direct implications for Canada, due to its exports of both to the US. So, what was all that talk of a 30 day moratorium on Canadian tariffs announced last week? If you are confused, then you are not alone folks. Well, the USD/CAD spiked on the opening today, reaching 1.4380. Perhaps we should now consider the potential for a quite significant double bottom in place on the daily chart, at around 1.4270. The range seen so far today has been covered by 1.4281 to 1.4380. The USD/CAD is trading right now at 1.4344