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Market Impact: 0.45
US Weighs More Trade Measures Against Canada
Source: Bloomberg
Trade Policy & Supply ChainElections & Domestic PoliticsGeopolitics & War
The Trump administration is discussing additional trade penalties against Canada following Mark Carney’s dollar-for-dollar retaliation to new US tariffs. This escalation raises the risk of further tariff-driven pressure on bilateral trade flows and related supply chains, likely keeping markets cautious about near-term cross-border costs.
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